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With some saying he’s doing it only to show his independence from bank lobbyists while facing a tough re-election fight, Connecticut Sen. Chris Dodd is preparing a bill to radically revamp how the financial system is regulated.  Nonetheless, Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, says Dodd’s idea of a single regulator for virtually all financial institutions “makes eminent good sense.”

Contact Cornelius Hurley, 617-353-5427, ckhurley@bu.edu