Five-Year Anniversary Of Dodd-Frank: Progress Report by Davis Polk & Wardwell LLP
Dodd-Frank: Five Years Later
State of Play to Date:
- As of July 15, 2015, 271 rulemaking deadlines have passed. Of the 271 rulemaking deadlines, 192 (70.8%) have been met with finalized rules and rules have been proposed that would meet 46 (17.0%) more. Rules have not yet been proposed to meet 33 (12.2%) passed rulemaking requirements.
- Of the 390 total rulemaking requirements, 247 (63.3%) have been met with finalized rules and rules have been proposed that would meet 60 (15.4%) more. Rules have not yet been proposed to meet 83 (21.3%) rulemaking requirements.
About the Progress Report
- In connection with the fifth anniversary of the Dodd-Frank Act, Davis Polk has released an infographic on the implementation of Dodd-Frank to date and is launching Regulatory Gateway, which will provide a collection of information products and resources on financial regulation and the Dodd-Frank Act.
- The Davis Polk Dodd-Frank Progress Report is a quarterly publication that uses empirical data to help market participants and policymakers assess the progress of the rulemaking and other work that has been done by regulators under the Dodd-Frank Act. Access previous reports on our website.
- The Progress Report was developed using information from Davis Polk’s subscription-based Regulatory TrackerTM product. For more information on the Regulatory Tracker, please contact [email protected] or view our brochure.
- Required, proposed, final and missed rulemakings and studies are counted based on Davis Polk’s tally of statutory requirements in the Davis Polk Regulatory Tracker™. An agency’s rule release may satisfy several statutorily required rulemakings.
- Where multiple agencies are required to issue a rule or study jointly, the requirement appears in each of their totals, which we believe most accurately reflects the staff burden on regulatory agencies. The term “Bank Regulators” includes the Board of Governors of the Federal Reserve, the FDIC and the OCC.
See full PDF below.