These measures, which have been interpreted to mean areintroduction of tighter controls over the risks banks wereallowed to take under the Glass-Steagall Act, would be on top ofthe proposed Consumer Protection Financial Agency that has beenintroduced in legislation. Angst over the proposed measure iswidespread, both in the general market and the more narrowcommercial real estate finance space.

Much of the concern is that the proposed measures introduce yetanother element of uncertainty in what has been a turbulent year,says Ellen Marshall, co-chair of the Banking and Specialty FinancePractice group at Manatt, Phelps & Phillips, LLP.

"That just leads to an even greater reluctance on the part ofbanks to lend," she tells GlobeSt.com. "Bankers who do not know ifthey are going to be restricted in how they can finance theirportfolio of loans or hedge them, will certainly become morereluctant to expand that portfolio, at least until the new rulesare in place."