New direction: Trump has said he wants to dismantle the Dodd-Frank Act, the reform legislation passed by the Obama administration in 2010 in response to the financial crisis.
NEW YORK: President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape?
Companies whose technology helps banks and investors cope with the welter of post financial crisis regulations and avoid increasingly hefty fines – a sector known as "regtech" – are sanguine about Trump’s pledge to dismantle some of those reforms.
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