Fig. 1

Total cumulative regulations from the Federal Reserve Board (FED) from 1999 to 2015. The figure shows how the number of bank regulations have increased steadily over the period 1999–2015. The dotted line in the chart indicates the date when the Dodd-Frank Act passed in 2010 to regulate banks. The bank regulations accumulation accelerated between 2009 and 2010, and there was a more remarkable rise in total regulations in 2010 and after four years, as the FED added over 3,000 new regulations in response to Dodd-Frank Act. RegData can be downloaded from https://quantgov.org/regdata/.