Katherine Kane

John Walsh, the former acting Comptroller of the Currency, has doubts about the Financial Stability Oversight Council, wishes Dodd-Frank mandated a single federal regulator for banking, but also says regulators need to be efficient in implementing rules required by the legislation.

Mitt Romney has stated he wants to repeal Dodd-Frank, but GOP members of Congress at the convention in Tampa indicated they're more likely to target the legislation in pieces.

The Consumer Financial Protection Bureau appointed Kelly Thompson Cochran as acting assistant director for regulations. She’ll be filling the shoes of Leonard Chanin, who is returning to Morrison & Foerster.

Mitt Romney is not against banking regulation per se, he explained to Time magazine last week.

The Volcker rule's liquidity account exemption is stirring debate. Some say it would allow for trades like JPMorgan's infamous "London Whale." Others argue it needs to be expanded in order to be effective in letting banks manage liquidity risk.

OK, here at DFRW we may get wonkish about the nuts and bolts of the Dodd-Frank Act, but let’s face it, the topic unlikely to fire up passion in the average Joe. It’s unlikely we'll hear much about the legislation at the Republican convention in Tampa this week. "Instead, count on hearing in more general terms about overregulation and the burden it imposes on small business," writes American Banker’s Kevin Wack.

Midsize banks will most likely not have to go through stress tests mandated by Dodd-Frank until September 2013. The rulemaking on the tests has yet to be finalized and regulators want to make sure those banks have enough time to prepare.

Thrift holding companies, industrial loan companies and other limited-charter financial institutions will be subject to a rule, mandated by Dodd-Frank, that will require parent companies to act as a "source of strength."

The Dodd-Frank Act gives the Securities Investor Protection Corp. a new role in unwinding failed financial companies.

Leonard Chanin, the lawyer leading the Consumer Financial Protection Bureau’s rule making operation, has been rehired by the law firm Morrison & Foerster, writes American Banker’s Jeff Horowitz.

The SEC's final rule on conflict minerals coming from the Democratic Republic of the Congo, is a "feel good" measure that doesn't accomplish what it intended, argues a Wall Street Journal editorial.

The CFPB proposed a revised rule for mortgage fees that would allow paying down points for interest on home loans.

The SEC announced that it has made its first award in a whistleblower program under Dodd-Frank, a Wall Street Journal blog post reports.

Regulatory agencies have jointly proposed new standards, required by Dodd-Frank, for mortgage appraisals. But many of the standards “have largely already been adopted by the industry, observers said, due to the fallout from the housing crisis,” write American Banker’s Joe Adler and Kate Berry.

There's no consensus among bankers on whether the qualified mortgage rule, which the Consumer Financial Protection Bureau will issue, should include a certain protection for lenders.

The Consumer Financial Protection Bureau has proposed new requirements for mortgage servicers “to provide clear monthly statements, earlier disclosures for interest rate adjustments and options to help borrowers avoid foreclosures and costly force-placed insurance,” writes American Banker’s Kate Berry.

Last month, in its enforcement action against Capital One, the Consumer Financial Protection Bureau collected the first money going into the Civil Penalty Fund.

Though Mitt Romney has said he'd repeal Dodd-Frank, many opponents of the legislation aren't expecting a full repeal, but rather incremental changes, according to a Washington Post WonkBlog piece.

The Consumer Financial Protection Bureau issued a final rule exempting financial institutions that provide fewer than 100 remittances a year from new requirements for such services.

Dodd-Frank just turned two, but it'll be old before its time writes Dimitri B. Papadimitriou of Bard College. The legislation falls prey to the same flaw of most financial regulation: aiming to solve the last crisis instead of the next, he argues.