The first argument the plaintiffs made was that the cost of implementing the regulations was too high.
JPMorgan asserts that these inherently unsafe and unsound anti-hedges are "hedges" as that term is defined in the draft regulations implementing the Volcker Rule.
After proposed rules in 2009, the IRS has just (in October 2010) published final regulations implementing the rules for who files what when.
In February 2012, the IRS issued proposed regulations implementing FATCA. Then, in July 2012, the Treasury Department released model agreements for information sharing.
However, while your general critique of the Volcker rule is misplaced, I share your criticism that the proposed regulations for implementing it are excessively lengthy and confusing.
It has faced pressure to encourage whistleblowers, and in issuing regulations implementing the Dodd-Frank whistleblower provisions, the SEC took a more measured approach to those who were culpable (but not convicted), providing for the reduction, not elimination, of their awards.
FORBES: Would $104 Million IRS Whistleblower Get Stiffed Under Dodd-Frank?
Even at this point, each member state has to write regulations or pass laws implementing the decision.
The group said the directive would prevent member states from implementing even tougher regulations if they wished.
But under pressure from Wall Street, regulators decided to delay implementing most of even the watered-down new regulations.
FORBES: Bringing Back Glass-Steagall Would Rebuild Shattered Confidence In Wall Street
"We are committed to complying with all laws and regulations and are in the process of implementing a number of specific, concrete actions to strengthen our compliance program in India, " the Wal-Mart spokeswoman said.
Air quality was addressed first as the country began implementing tighter vehicle emissions standards and new environmental regulations.
Both the SEC and the CFTC have been charged with writing and implementing numerous new rules and regulations.
But the Der Spiegel piece cited a Bundesbank report saying it had doubts over Cyprus implementing regulations to dampen tax evasion and money laundering.
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