Extended Play: Regulators Draw Out Dodd-Frank Timeline

July 2012 was meant to be a monumental month for the US derivatives market. A year on from the passing of the Dodd–Frank Act, many of its provisions were supposed to come into force, thrusting the industry toward central clearing, electronic trading and public reporting. That’s now not going to happen. Having struggled to get through the mountain of rule-making demanded of them by the Dodd–Frank legislation, the Commodity Futures Trading Commission (CFTC) finally admitted in June what many in