Imagine that you're in charge of redesigning the regulatory system and write about what you would do with your newfound power. Some questions to get you started:
Would you completely start over and rebuild the system from the ground up? What would you include in the new system?
Maybe you feel that things are on the right track with the passage of Dodd-Frank and think there are some tweaks that would make things better. What changes would you make that would address the weaknesses you perceive?