HR 1573 provides for an 18-month extension for implementing certain derivative provisions of the Dodd-Frank Act.  According to CFTC Commissioner Bart Chilton, no such extension is necessary.  According to Mr. Chilton “While regulatory agencies may not be able to make every deadline required under the reform bill, because we want to fine-tune such rules and regulations, the urgency Congress has already placed on getting reforms implemented is just as important today as it was when this good and needed legislation became law.”

Check dodd-frank.com frequently for updates on the Dodd-Frank Act and other important securities law matters.