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Everyone has “buzzed” about the Dodd-Frank Wall Street Reform Act and the European Market infrastructure Regulation and agreed that the changes represented are some of the biggest ever.

Granted, what will actually come to fruition is up for debate, but there is agreement that some regulations are going to take affect and the risk of not being ready is truly a risk.

With that in mind, the wise advisor should take heed take a look at what has and will change and what they need to do to meet the new requirements.

OnWallStreet has an interactive slideshow to explain.