Regulators Lagging On Dodd-Frank Rules, Report Says

Law360, New York (April 2, 2012, 6:37 PM EDT) -- Federal regulators continue to lag behind schedule in crafting new rules required by the Dodd-Frank financial overhaul, taking a deliberate approach some in the industry appreciate, but also leaving many confused and uncertain as they try to comply with the controversial law sans completed regulations, attorneys said Monday.

As of April 2, regulators had failed to meet 70 percent of the deadlines mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, according to a report released Monday by Davis Polk & Wardwell LLP. They...
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