Poll shows strong support for tougher rules on Wall Street

A new poll shows that four years after the president signed the Dodd-Frank financial reform law, the public at large still favors tougher rules for Wall Street.

According to the survey, 78 percent of likely voters believe the financial sector should face tougher rules, compared to just 11 percent who believe they are sufficiently regulated.

And there appears to be broad bipartisan support for tough rules, as the poll found even 72 percent of Republicans favored stronger rules, while 78 percent of independents and 85 percent of Democrats agree.

The poll of 1,000 likely voters was conducted by the Democratic pollster Lake Research Partners, at the request of the pro-financial reform groups Americans for Financial Reform and the Center for Responsible Lending.

The poll, which comes four years after enactment of the sweeping financial reform law and roughly six years since the financial collapse, shows lingering distrust with the financial sector.

Four-fifths of those polled said they are concerned about the influence Wall Street firms enjoy in Washington, and 56 percent said they would be less likely to vote for a candidate who receive large donations from the financial sector.

The poll finding broad support for tougher financial rules is the second in as many days. On Thursday, the pro-reform group Better Markets released a survey that found 60 percent of likely votes supported stricter regulations for the financial sector.