The Securities and Exchange Commission (SEC) has provided a timeframe for when it intends to issue new rules implementing sections of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Notably, none of the rules the SEC intends to implement directly affect the insurance industry. A few of the areas the SEC intends to address first are rules affecting asset-backed securities, corporate governance & disclosure and oversight of investment advisers & broker-dealers. The SEC expects to implement the first set of rules sometime during the first half of 2012.
For a full list of the SEC’s schedule of proposed rules, click here.