Frank A. Mayer, III Quoted in BNA on Dodd-Frank Anniversary
Friday, July 22, 2011
Pepper Hamilton partner Frank A. Mayer, III was quoted in the July 22 issue of BNA's Daily Report for Executives™ in the article "On Dodd-Frank Anniversary, Questions Linger Concerning Law’s Successful Implementation." Even though landmark financial regulatory reform legislation was signed one year ago, it remains unclear whether key provisions of the law will ever be implemented because of budgetary and staffing limitations, federal agencies overwhelmed with rule-writing obligations, and members of Congress intent on diluting the law's impact, financial specialists and others told BNA. Frank Mayer said that he expects Congress to be "reshaping and refining" the law by amendment over time.