Dodd-Frank Has Only Been Partially Implemented

It’s been nearly four years since Dodd-Frank was passed into law and all of the rulemaking requirement deadlines are now behind us, but nearly half of those deadlines have been missed, and many of them don’t even have proposals on the table. Of the 398 total rulemaking requirements, 280 came with specific deadlines, all of which are now behind us, according to Davis Polk’s April 2014 Dodd-Frank Progress Report. Of those 280 deadlines, 152 (54.3%) have finalized rules and 128 (45.7%) have been missed and are still waiting for final rules, and 44 don’t even have proposals from the relevant…