Mitt Romney's Dodd-Frank Kill Pledge Collides With Wall Street Agenda

08/30/2012 06:23 pm ET

Mitt Romney has pledged to repeal the Dodd-Frank Act. He won’t, and that’s just fine with Wall Street.

Instead, Romney may give the financial industry something it wants more: a revamped Dodd-Frank that would accommodate some of the most profitable and riskiest activities while preserving a patina of protection for investors and consumers.

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