By Peter Schroeder - 01/28/11 10:14 PM EST
The letter was sent to the heads of nine separate regulators, and asks for detailed information about how much additional staff will be needed to implement Dodd-Frank, if any new office space has been leased or if any managerial changes are in the works.
They also want to know, if the agencies requested more money in fiscal 2011 than in fiscal 2010, how much of that is attributable to Dodd-Frank.
Although regulators are already taking steps to implement the Wall Street overhaul, they are still operating under budgets enacted before Dodd-Frank was signed into law. And Republicans have indicated that they might not be willing to meet the new requests from the regulators, given that they largely oppose the law and are focused on cutting government spending.
The agencies have until Feb. 10 to respond.