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The SEC got more than 100 rules to write under Dodd-Frank…

“The SEC got more than 100 rules to write under Dodd-Frank, the lion's share of all the agencies. And we've moved, I think, with a tremendous sense of urgency. But it takes a long time to write rules and get them approved by a five-member commission.” quote by Mary Schapiro
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“The SEC got more than 100 rules to write under Dodd-Frank, the lion's share of all the agencies. And we've moved, I think, with a tremendous sense of urgency. But it takes a long time to write rules and get them approved by a five-member commission.”

Mary Schapiro

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The speaker highlights the extensive regulatory workload under Dodd‑Frank and the slow, deliberative process of rulemaking by the SEC's commission.

In simple terms: Regulatory complexity slows action.

Key Takeaway

Rulemaking is time‑consuming.

Themes

Regulation Governance Process Complexity Urgency

Mood

Cautious Reflective

Type

Observation Insight

When to use this quote

  • Legislative drafting
  • Policy implementation
  • Agency coordination

Key Concepts

SEC Dodd‑Frank Commission

Practical Applications

  • Compliance planning
  • Legal analysis

Questions to Reflect On

  • How can agencies balance thoroughness with speed?
  • What mechanisms could streamline rule approval?
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