. . . Many rules from the Dodd-Frank Act have yet to be implemented or written. The act called for about 250 new regulations, and many deadlines have been missed. Regulators have struggled with funding constraints, legal challenges, and opposition from Congress and the financial industry.
“There are about 120 rules to come. We’re less than halfway through it. If the second half is as voluminous, we’ll be working on it in 2017 with a new president,” says John Alan James, executive director of the Center for Global Governance, Reporting and Regulation at Pace University’s Lubin School of Business in New York.