Financial Institutions Advisory & Financial Regulatory counsel Donald Lamson (Washington, DC) was quoted in The New York Times on the implementation of the Dodd-Frank Act and the enforcement of new rules imposed on financial institutions in a story titled, "UBS Scandal Is a Reminder About Why Dodd-Frank Came to Be."

Lamson commented on the task of interpreting the Volcker Rule and striking a balance that is both business-friendly and thwarts banks from assuming too much risk. "The challenge for regulators is to thread that needle," he said. "You have to draw a line somewhere."

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