US SEC’s lack of progress on reform rules frustrates officials – FT.com

While the SEC has issued numerous enforcement actions this year, the agency has made little progress on more than 40 rules on its 2014 agenda. Most of those rules stem from the 2010 Dodd-Frank financial reform legislation passed in reaction to the 2008 financial crisis, and the Jobs act, which makes it easier for smaller start-ups to go public.

“We should’ve gotten a lot of these rules done already,” one SEC official said. “By delaying and delaying, someone else is winning and it’s not the people fighting for reform.”

via US SEC’s lack of progress on reform rules frustrates officials – FT.com