Dodd-Frank regulations could fill at least 28 copies of War and Peace
posted at 4:57 pm on July 19, 2013 by Erika Johnsen
And the work surrounding the law’s implementation isn’t even close to being complete yet. Ugh.
Rules implementing the Dodd-Frank financial reform law could fill 28 copies of Leo Tolstoy’s War and Peace, according to a new analysis of the Wall Street overhaul.
The law firm Davis Polk, which closely tracks the Dodd-Frank rule-making process, released a graphic Friday that highlights the gargantuan size of the financial reform bill’s overhaul of regulations.
All told, regulators have written 13,789 pages and more than 15 million words to put the law in place, which is equal to 42 words of regulations for every single word of the already hefty law, spanning 848 pages itself.