FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that the U.S. Securities and Exchange (SEC) Commissioner Daniel Gallagher says the Dodd-Frank Act “could take several years to implement” and that the SEC is “less than halfway through figuring it out.”

Dodd-Frank Act

Excerpts from the report are below.

On whether it will take several years to implement the Dodd-Frank Act:

“We talked to Dan Gallagher SEC Commissioner…He says it could take several years to implement – they are less than halfway through figuring it out and the Volcker Rule is nowhere to be found. People are just making it up. I mean it is really crazy.”

 


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