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News bites: Dodd-Frank deadlines

By Peter Schroeder - 06/07/11 09:18 AM ET

Investors and financial institutions are grappling with uncertainty over new Dodd-Frank derivatives rules.

And regulators struggle to meet rulewriting deadlines in the law against a headwind of opposition.

Nearly 40 percent of homeowners with a second mortgage are underwater on their homes.

Many will be watching Federal Reserve Chairman Ben Bernanke's speech today — the first since the dismal jobs report released Friday — but few are expecting groundbreaking announcements.

Peter Diamond's withdrawal as a nominee to join the Fed is feeding Democratic frustration.


Source:
http://thehill.com/blogs/on-the-money/banking-financial-institutions/165067-news-bites-dodd-frank-deadlines

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