TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer this regulation will help the bottom lines of banks, but acknowledges the lackluster performance recently of the financials sector. 

"We like Citigroup (C - Get Report) very, very much, we like JPMorgan (JPM - Get Report) and we like Goldman Sachs (GS - Get Report) and they've been terrible," Cramer noted. 

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