Swipe Law Signed

Interchange reform has begun.
The Wall Street Reform & Consumer Protection Act has been signed by President Obama and its a matter of time until the its reforms are implemented.

Specifically, when will the language governing transaction limits and "reasonable and proportional" rates be implemented?

http://www.cspnet.com/ME2/Audiences/dirmod.asp?sid=&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=E3F517AE55D14193854E0D607130083B&AudID=7763DA803CBE410A893CD5C4ED7C9205

Retail groups praised Congress for passing and President Barack Obama for signing into law the Wall Street Reform & Consumer Protection Act (H.R. 4173, also known as the Dodd-Frank Wall Street Reform Act of 2010), which includes a provision to reform credit-card and debit-card interchange fees. The bill includes an amendment sponsored by Senate Majority Whip Richard Durbin (D-Ill.) that would require the Federal Reserve to set regulations resulting in "reasonable and proportional" swipe fees for debit cards.