Article source
Wall Street Journal
Article date
Thu, Dec 22, 2016
Carl Icahn, President-elect Donald Trump’s new regulatory adviser, might not favor financial deregulation the way many on Wall Street expect.
The billionaire investor, tapped for a new post called “special adviser to the president on regulatory reform,” has said positive things about the 2010 Dodd-Frank financial-overhaul law and one of its signature initiatives, the Volcker rule bank-trading ban. On the other hand, he has raised concerns about risks in the asset-management industry and accountability on corporate boards.