Former Senator Christopher Dodd, D-Conn., told attendees at the Association of Certified Fraud Examiners conference that the financial reform law is essential, even though he wishes his name were not attached to it.
During a speech Tuesday in Orlando, Fla., at the ACFE’s annual conference, he commended the group for coming out publicly in favor of the whistleblower provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, noting that it was one of the few organizations that did. He also stood up for the necessity of the law, which financial industry lobbyists have been trying to weaken ever since its formative stages. Now with many Republican lawmakers vowing to repeal the law, Dodd defended it, while admitting it did not go far enough as he needed every single vote to get it passed.
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