Report: Regulators Miss 70 Percent Of Dodd-Frank Rules

Regulators have failed to meet 70.1 percent of the deadlines associated with the Dodd-Frank Act’s 398 total rulemaking requirements, according to BankCreditNews.com.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The numbers come from a May report by Davis Polk, which also shows that regulators have not yet released proposals for 64 of 175 missed rules. The SEC has been particularly ineffective in making deadlines, missing 51.6 percent of its 95 required rulemakings. The CFTC has fared better, meeting 41 of 60 requirements.

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Read the full story here.