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Status Report on Dodd-Frank Implementation

Morrison & Foerster has released a report on the implementation of the Dodd-Frank Act.  Although many of the most important and difficult questions concerning regulatory reform under Dodd-Frank remain to be answered (including systemic designation, extraterritoriality, the swap definitions, Volcker and risk retention in this category), the pace of rulemaking has escalated in recent months.  Morrison & Foerster's report briefly summarizes principal developments in several key areas of Dodd-Frank rulemaking.

The report can be found here:  http://www.mofo.com/files/Uploads/Images/120306-Dodd-Frank-Implementation.pdf