Two-Thirds of All Dodd-Frank Deadlines Have Been Missed
As of June 1, 221 rulemaking requirement deadlines were missed by regulators according to Davis Polk & Wardwell LLP, which tracks the law’s progress monthly.
On Wednesday, Treasury Secretary Timothy Geithner asked financial institutions to provide him with specific explanations as to how Dodd-Frank is imposing significant a regulatory burden on their businesses, Bloomberg said.
Access Davis Polk’s full report here.
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