3 Years Later, There's Still Work Left To Be Done On Dodd-Frank
On Monday, President Obama summoned top financial regulators to the White House to get an update on the implementation of the Dodd-Frank Act. The legislation was passed in the wake of the financial crisis and is a sweeping overhaul of the nation's financial regulations. But three years after being signed into law, much of Dodd-Frank still isn't in place. Such is the difficulty of re-writing financial rules.