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Journal Article
Implementing the Dodd–Frank Act: progress to date and recommendations for the future
I know that I don?t have to tell you that the Commodity Futures Trading Commission (CFTC) has been extraordinarily busy in its efforts to fulfill the regulatory mandates of the Dodd?Frank Wall Street Reform and Consumer Protection Act. As of May 2011, the CFTC has put forth 66 proposed and final rules under the Dodd?Frank Act. Not even counting the last four rule proposals the CFTC voted on, we?re at over 1,046 dense Federal Register pages filled with legal jargon and regulatory requirements. If you were to run the comment periods on all of those proposals consecutively, it would take 2,964 ...