Regulators See Dodd-Frank Substantially Complete by End of Year
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Dodd-Frank Act measures designed to prevent a repeat of the global credit crisis will be largely complete by the end of this year, financial regulators plan to tell lawmakers at a hearing today on the 2010 law.
“We expect to approach the point of substantial completion of implementation of the Dodd-Frank Act,” Mary Miller, the Treasury Department’s undersecretary for domestic finance, said in remarks prepared for the Senate Banking Committee. “That does not mean we will be able to relax our guard.”