In the wake of the crisis that affected both business firms and individuals, a cry for more regulations and reforms became a high priority, and the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in 2010. The goals are to hold Wall Street accountable for their actions, end taxpayer bailouts, tighten regulations for major financial firms, and increase government oversight. While new regulations will protect American families from unfair, abusive financial and banking practices, for business firms the impact could increase the time and cost of obtaining both short- and long-term financing. Do you think these new regulations are necessary or too burdensome? Why or why not