The following video is part of our "Motley Fool Conversations" series, in which columnist Morgan Housel discusses topics across the investing world.
Mitt Romney has vowed to repeal the Dodd-Frank financial reform act if elected president. Conventional wisdom says that will be great news for big banks like Citigroup (C 2.15%), Bank of America (BAC 2.03%), and JPMorgan Chase (JPM 1.47%). But that might not be the case. Watch here to find out why. If you're looking for some long-term investing ideas, let me invite you to read the Fool's brand-new special report: The 3 Dow Stocks Dividend Investors Need. It's absolutely free, so just click here and get your copy today.