We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

SEC Defers Five Dodd-Frank Offices Over Budget Issues

Law360 (December 2, 2010, 8:12 PM EST) -- The U.S. Securities and Exchange Commission said Thursday that it would postpone setting up five new offices required under the new financial reform law because of growing budget uncertainty, including an office that would take over the tasks of fielding whistleblower complaints.

The SEC said it would defer the creation of five offices ordered in the Dodd-Frank Wall Street Reform and Consumer Protection Act and that it would have more information on the implementation dates for those offices once Congress finalized a fiscal year 2011 budget....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.