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.”
Excerpts from the report are below.
Q2 Hedge Funds Resource Page Now LIVE!!! Lives, Conferences, Slides And More [UPDATED 7/12]
Simply click the menu below to perform sorting functions. This page was just created on 7/1/2020 we will be updating it on a very frequent basis over the next three months (usually at LEAST daily), please come back or bookmark the page. As always we REALLY really appreciate legal letters and tips on hedge funds Read More
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.”