Financial regulators have written more than 26,000 pages of rules for the landmark Dodd-Frank bank reform law passed seven years ago, MarketWatch reported on Friday. But there’s still 20 percent of the Dodd-Frank requirements left to go, according to data from Davis Polk, which has been the go-to source for tracking the unwieldy law. In addition, 280 of 390 rulemaking requirements have finalized rules, and there are proposals for another 30 more. Regulators aren’t exactly feeling the pressure to move forward, as Republicans in Congress and in the White House want to dismantle the law. For example, several agencies including the Securities and Exchange Commission have dropped efforts to limit CEO pay. The House has passed a law that would scale back Dodd-Frank, though the Senate isn’t likely to take it up because of the difficulty in making it filibuster-proof. Sen. Mike Crapo, the Idaho Republican who chairs the Senate Banking Committee, is working with Democrats to create a more targeted bill.
