Bank of America Corp (BAC): Five Things That Could Hobble It

3. A new regulation that kneecaps the business
The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in July 2010. Almost three years later, the final details are still being worked out, with the big banks and other financial institutions lobbying hard to make those details user friendly.

But with a Wall Street-phobic president angling to take back the House of Representatives in 2014 to get more legislation of all varieties passed, and the feeling among many on the left that a watered-down Dodd-Frank has let the side down, new banking restrictions aren’t out of the question.