Dodd-Frank’s implementation is still slow going, according to the most recent release of law firm Davis Polk’s Dodd-Frank Progress Report. As of May 1, required rule making was recorded as falling behind with only two-thirds of deadlines having been met of the 221 requirements that have passed up to this point.
In total, 221, or 55% of Dodd-Frank’s rule making requirements have passed, with just 33% having been met with finalized rules, the report states.
In an effort toward the final rulemaking, there are some proposed rules while others have yet to see any proposals.
Law firm Davis Polk tracks Dodd-Frank progress on a monthly basis, including the status of final rule making by bank regulators, the CFTC, SEC and others.
View the full progress report.
Written by Elizabeth Ecker