As per conventional wisdom, at the end of a presidential administration federal agencies typically issue a furious flurry of regulations in an effort to leave the administration's imprint on the government.
Setting aside the fact that this is anything but a conventional political year, regulatory analysts said financial institutions regulated by independent boards and commissions participate in that rush far less than cabinet-level agencies.
"The board members don't face the same incentives to rush to get final rules published before Inauguration Day," according to Daniel Perez, a policy analyst at George Washington University's Regulatory Studies Center and coauthor of a newly released study, "The Final Countdown: Projecting Midnight Regulations."
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