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A Dodd-Frank Factoid

December 22, 2011
With Wednesday's adoption of an amendment to SEC rules for determining an individual's "Accredited Investor" status, the Commission has now proposed or adopted more than 3/4's of the rules that the Dodd-Frank Act required the agency to write.  In January, it will be 18 months since passage of the Dodd-Frank Reform Act by Congress. When the law was passed, the SEC and CFTC were given one year to adopt final rules addressing the requirements of the Act.  The 2 Commissions appear to be moving apace on their tasks.   [SEC Final Rule Release 33-9287] To read about this rule change, go:  [C-I Rule Posting, 12/21, "SEC Redefines ..."]