PayThink

Looking for that comprehensive software package to handle Dodd-Frank compliance? Not finding it? "That stands to reason, given how few of the rules and regulations implementing the sweeping reform bill have been written," writes Bank Technology News editor Penny Crosman.

Ignoring JPMorgan Chase's chutzpah would be rewarding it. Penalize the bank instead, no matter how important an institution it is.

"Realizing that good information is fundamental to good supervision, the authors of [Dodd-Frank] created the Office of Financial Research," writes American Banker's editor-at-large, Barbara Rehm in her most recent column.

Dodd-Frank did its part to ensure the 20 federal financial regulatory agencies do right by minorities and women. How are things going so far? Good – but not great.

The Financial Stability Oversight Council voted to designate eight financial-market utilities as "systemically important." They will will be subject to heightened risk management standards under Dodd-Frank.

From the Card Act to the CFPB to Durbin, new regulations succeed only in raising the prices or crimping availability of financial services. Memo to politicians: Google "unintended consequences."

You can't claim to be a victim of watchdogs and at the same time blame watchdogs for being dumb, inept and disorganized.

The supense is over: the CFPB flexed its enforcement muscle. Capital One's practices for marketing credit card add-on products was the subject of the agency's first enforcement order.

U.S. regulators led the world in developing Legal Entity Identifiers. Now that the G20 has embraced the idea, though, we need to get on the same page with other nations.

Should Davis Polk be designated at a "Sytemically Important Financial Illustrator," asks the Financial Times, in reference to a "gem" of a chart that the law firm created to track Dodd-Frank's progress at age 2.