President Barack Obama is scheduled to meet with financial regulators today to review the "progress that has been made in strengthening the financial system, including the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act," MarketWatch reported today. Critics say that implementation of the law, now in its third year, is moving too slowly, with only 40 percent of the Dodd-Frank rules said to be in place. In July, key Federal Reserve regulator Daniel Tarullo called out the Volcker rule, which separates a bank's investment and trading activity from its consumer-lending business, as being particularly slow to take effect.
