The Dodd-Frank Death Knell
This Essay recounts a panel discussion regarding certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). It begins by discussing the repeal of the provision requiring SEC adoption of resource extractive industries rules. It then considers the fate of the conflict minerals rule promulgated by the SEC pursuant to Section 1502 of Dodd-Frank. Next, it details several provisions of the CHOICE Act, which is aimed at undermining DoddFrank, including the Act’s attempt to change the scope of the SEC’s whistleblower program. The Essay further discusses the Trump administration’s attempt to defund and restructure the Consumer Financial Protection Bureau. Finally, it concludes that despite the many attacks on Dodd-Frank, it is too early to sound the death knell.