Davis Polk recently released a Dodd-Frank Progress Report. The report provides several useful charts detailing the status of required rulemakings under the Dodd-Frank Act. In summary:
- As of February 1, 2012, a total of 225 Dodd-Frank rulemaking requirement deadlines have passed. Of these 225 passed deadlines, 164 (72.9%) have been missed and 61 (27.1%) have been met with finalized rules.
- Major rulemaking activity in January 2012 included CFTC final rules on business conduct standards and registration of swap dealers and major swap participants.
- The GAO published seven studies in January 2012.