Re: Any educated guesses on when regs will kick in?
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Who writes up these regs?
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According to the actual Bill:
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... the Secretary and the Board of Governors of the Federal Reserve System, in consultation with the Attorney General, shall prescribe regulations...
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Ewwwww ... I didn't realize the AG was involved. He seems hell bent on killing IG.
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I believe the AG just reviews the rules to insure they are in accordance with all existing law. The AG is NOT charged with promulgating the rules.
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