http://www.forbes.com/2009/06/16/oba...ton-banks.html has the Forbes article on this subject.

One thing is for sure - it will take at least two, and probably five or more years once any law is signed in order to put any of it into effect. After the law is signed, there are still agencies to create, budgets for these agencies are authorized, and regulations to write and publish (which won't happen until the agencies are staffed). And even after the regulations are published, the staff has to be trained on what to do. So, as usual with the fed, this will move at the pace of snail.