Financial overhaul: Lots and lots of deadlines.

The financial reform bill will go into effect one day after President Obama signs it into law, but specific sections will kick in at very different times.

Jaret Seiberg, an analyst at Concept Capital, has taken a look. Some highlights, according to a recent report:

- The Consumer Financial Protection Bureau will start crafting specific policies in January 2011, at the earliest.
- Hedge funds will have to register in about a year.
- The mandates of the Financial Stability Oversight Council won't kick in for another 18 months.
- The regulation of derivatives will go into effect in roughly a year.
- Regulators will begin implementing the Volcker Rule proprietary trading ban within nine months, but banks can take longer to be compliant. Add up all the potential extensions, and as Seiberg says, "This means banks could have seven years -- spanning two presidential elections -- before they must come into full compliance."