Medium to small banks have been overly burdend by reform that meant to target four or five banks.

Steve Lofchie agrees

Put another way, it will not stop large financial instituions from taking risks that endangers investors and the market.

Just ask Harvey Miller:

To be clear: I am not against government regulation, but it ought to be the kind of regulation at all. But when it is implemented poorly, it creates  more turbulence than reassurance.