Dodd-Frank Delays Bring ‘Temporary Relief' for Banks

"There are yet more delays in implementing financial reform. The Commodity Futures Trading Commission has said it needs extra time to write a set of derivatives rules required by Dodd-Frank, and others that were scheduled to go into effect automatically next month may be deferred until the end of the year--leaving the multi-trillion-dollar market mostly unregulated for the time being. The agency is meeting today to hammer out the details of the delay."