The Dodd-Frank Act requires that all final rules under its over-the-counter derivatives provisions be published by July 2011 and become effective no earlier than 60 days after they are published. Most rules have now been proposed, although almost none are in final form. A bill has been proposed in the U.S. House of Representatives that would delay the effectiveness of most of the derivatives provisions of the Dodd-Frank Act until December 2012. Reports indicate that it is unlikely that the bill will pass in the Democrat-controlled Senate.