The Main Street Journal Financial Reform, R.I.P.

The Dodd-Frank bill does nothing to deal with Wall Street's central problem: systemic non-disclosure.

So long Glass-Steagall. Hello Dodd-Frank--the most comprehensive rewrite of financial rules since 1933. This 2,319-page colossus--10 times the length of Glass-Steagall--took 1.5 years to produce and will cost $30 billion and many more years to implement. Will all this time and treasure make Wall Street safe for Main Street?

No.