I was working on loan software when Dodd Frank went into effect. It did a real number on the smaller "mom and pop" local banks. They couldn't comply with it. They couldn't afford the lawyers to understand it, let alone fight it. The Big Guys handled it fine because they had the manpower AND because so much of it is totally undefined ("this part of the law will be determined by the chairman of whatever at a later date") and they could then influence ($$$) if they were found in compliance.
What a mess. It paid the bills, but it's a year of my life I won't get back.
But, again, it's a LEGISLATIVE issue, not an EXECUTIVE one.