The Dodd-Frank Act is not only enormous in scope; its rules are being shaped and reshaped by political and corporate considerations over an extended period of time. Through it all, the chief audit executive and internal audit must forge a strong connection with those in the C-suite in order for top executives to stay informed. While these regulations may be painful now, in many cases the resulting benefits are significant. For example, data quality and transparency are both areas where many banks have been looking to make strides for years. With Dodd-Frank, they have to make improvements—even if they must be made on a timeline that banks may not have tackled on their own. Timing aside, there may be benefits that can come from embracing (and maybe even surpassing) these new regulatory data and transparency expectations.