More than three and a half years into Dodd-Frank implementation, the law’s complexity and overlapping, even conflicting, requirements are still challenging both regulators and regulated entities. Last year, the U.S. Chamber’s Center for Capital Markets Competitiveness (CCMC) prepared the Fix. Add. Replace. (FAR) Agenda outlining areas of concern that needed to be addressed. Unfortunately, while progress has been achieved in some areas, other issues remain unaddressed—or even worse—have been exacerbated.
