Rules and laws in place to prevent collapse will save money that circulates within the United States. If Wall Street collapsed, our economy would plunge. I agree with reforming the laws to prevent this, as long as those laws are truly helpful and keep our income and resources circulating here in the U.S.
I don't think that anything can ever 100 percent prevent a Wall Street collapse. I feel that Wallstreet is so unpredictable and that you can try your best, but never actually know how the market will react. I think the rest of the rules will take a very long time if ever to get in place.
I do not think the rest of the rules will be set into place for a while. Considering they have been left up to the regulators for implementation; I foresee them taking their time. Congress did not set a dead line for the reform process, but hopefully the plan works and quickly.
If the analysts feel that the implementation of the rules will cause the stock market to collapse once again, than I don't think they will put them in place. I think we are headed for another bubble in the market, but I don't believe any rules will stop it. Brokers and companies will find a way around the rules if so inclined.