American regulators are working on a timeline set in some areas by the Dodd Frank legislation.
Grody says the next step will be a Unique Product Identifier which is required by Dodd-Frank legislation.
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The same points apply to the Consumer Financial Protection Bureau created by the Dodd-Frank legislation to further regulate the financial services industry.
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Amidst the approximately 850 pages of the Dodd-Frank legislation lie several important provisions and initiatives that are designed to help better protect investors.
Under the Dodd-Frank legislation, the Commodity Futures Trading Commission is writing legislation that will move these so-called over-the-counter derivative trades to exchanges that use central counterparty clearing.
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Perhaps making a pointed reminder to European regulators that they need to get moving, the OFR press release noted that the Dodd-Frank legislation created the OFR to develop an LEI.
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In the United States, a new law - section 1502 of the Dodd-Frank legislation - demands that any company that might be using conflict minerals register with the Securities and Exchange Commission.
And it was only through the intervention of outsiders like Volcker and Elizabeth Warren that the Administration was persuaded to put some teeth into the Dodd-Frank legislation, which Obama signed in July, 2010.
The Volcker rule, part of the Dodd-Frank legislation, which says that deposit-taking banks (as most investment banks scrambled to become in the financial crisis so they would have Fed access) cannot run proprietary trading desks.
Rather than look inward and evaluate how its own behavior could change for the better, in hopes of avoiding another implosion, Wall Street has spent tens of millions lobbying to water down new regulations called for by the Dodd Frank legislation.
Many rules have come out of the Dodd Frank legislation, but the Volcker Rule was the one that prompted Occupy the SEC to weigh in on the regulatory debate, showing the rule is not just powerful as a profit killer, but also as a symbol of financial services reform.
The Dodd Frank legislation aimed to change this, by requiring the Securities and Exchange Commission to study the possibility of having something called the fiduciary standard, that is, the requirement to act in their clients best interests, apply to all sellers of financial services, not just investment advisers as the law currently reads.
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The 2, 300 page Dodd-Frank financial legislation has already generated thousands of pages of rules and millions of words.
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The Dodd-Frank financial services legislation offers significant opportunities and benefits, according to Donald Wilson, CEO and founder of DRW Trading Group.
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Frank's legislation would require mandatory reporting by companies registered with the Securities and Exchange Commission, and the U.S. oil industry thinks this goes too far.
The government is expected to provide details of its proposal in the coming weeks, and Mr Frank has made legislation on the issue a priority.
Black laments the fact that JPMorgan CEO Jamie Dimon is mounting a campaign to weaken and ultimately repeal the so-called Volcker rule provision of the Dodd-Frank financial reform legislation.
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The Federal Reserve's new limits stem from a provision in last year's Dodd-Frank financial-overhaul legislation known as the Durbin amendment.
The legislation that Frank is talking about doesn't give investors the choice.
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And because of this legislation, Frank, along with 80, 000 others in the Navajo Nation, will have access to clean running water for the very first time.
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It should also signal to Wall Street that Dodd-Frank will remin intact, allowing the legislation to be completed and big banks to hire the remaining necessary personnel.
It is no secret that it has become a nightmare for regulators to implement many aspects of the 2, 000-page document that has become Dodd-Frank, the most ambitious piece of legislation aimed at the financial system since the Great Depression.
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Last year, Mr. Williams spent much of his time arranging meetings over the financial regulatory legislation known as the Dodd-Frank bill.
New legislation to replace the Dodd-Frank provision that mandates the Volcker rule is unlikely to pass a divided Congress in the lead-up to presidential elections.
Over the past two years critics of Dodd-Frank have had ample opportunity to craft changes to the legislation.
In-between elections a financial crisis or a wave of financial scandals may create an unstoppable impetus for new legislation along the lines of Sarbanes-Oxley or Dodd-Frank.
Frank Panzer, Road Science's chief executive, says he opposes such legislation because it could prompt false claims from workers.
They are central to the legislation that has passed the House under the leadership of Chairman Barney Frank, and that we're working to pass in the Senate under the leadership of Chairman Chris Dodd.
Much of Dodd-Frank is still just far from implementation as it was a year ago when the controversial legislation was first passed.
Dr Frank Kelly, professor of environmental health at London's King's College, said legislation worked in the 1950s to deal with pollution but new laws were needed now.
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