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.
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.
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