Wall Street has little but disdain and outright anger over the wave of financial regulation that reached its apex with the passage of Dodd-Frank. The vitriol has been heated. And yet even at a time when the angst over Dodd-Frank is still mounting, the financial services industry as a whole still seems to like President Obama.

They are putting their money where their heart is. Reuters notes that one-third of the funds raised by Obama's biggest contributors came from "executives and others linked to the financial world." According to a report from the Center for Responsive Politics, that's running ahead of where he was with this sector in his previous run. The financial sector accounted for about 20 percent of what Obama's top fundraisers raised during his 2008 bid.

One interesting question centers around Mitt Romney, who has also been popular with the financial services industry. If he gets the nod, it will be interesting which way the industry swings. Philosophically, the industry will likely stick with the Republican. But the industry tends toward opportunism and pragmatism more than principles. If President Obama's popularity remains high and he remains the front runner, Wall Street as a whole will back him.

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