The American Bankers Association (ABA) has issued a whitepaper discussing some of the most burdensome issues that community banks will face as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The ABA acknowledges that the amount of regulation is a significant challenge for a bank of any size, but is overwhelming for community banks with limited resources.

The ABA says that five of the most cumbersome provisions of the Dodd-Frank Act for community banks are:

1. Risk Retention. 
2. Higher Capital Requirements and Narrower Qualifications for Capital. 
3.  SEC’s Municipal Advisors Rule. 
4. Derivative Rules. 
5. Doubling Size of the Deposit.

Read the whitepaper here