Report: U.S. regulators yet to implement one-third of Dodd-Frank rules

The newest report on progress regarding implementation of the 2010 Dodd-Frank Act revealed that one-third of the rules have yet to be proposed by U.S. regulatory agencies.

Some rules, however, were finalized in October, including final rules on stress testing released by the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. The Commodity Futures Trading Commission also released a final rule incorporating swaps into existing regulations.

Of the 398 total Dodd-Frank rule making requirements, 237, or 59.5 percent, of requirement deadlines have passed, 61 percent of which have been missed and 39 of which have been met with finalized rules.

Between Oct. 1 and Nov. 1, regulators missed two more deadlines without proposing rules and finalized five rules. Regulators have not yet released rule proposals for 33 of the 144 missed deadlines.

The CFTC has made the most progress in implementation of Dodd-Frank rules, having finalized 40 of the 60 rule-makings for which it was responsible, while the SEC has finalized only 32 of its required 95 rule-makings.

More than half of all derivatives rules have been finalized, while little progress has been made in the finalization of rules regarding banking regulations and asset-backed securities offerings.