Leonard Street and Deinard Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Leonard, Street and Deinard, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Posts from David Jenson

SEC Releases New Say-on-Pay CD&I

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Executive Compensation, Public Companies and Securities On February 13, 2012, the SEC released new CD&I 169.07, which provides guidance on appropriate descriptions of the say-on-pay advisory vote required by Rule 14a-21 under the Exchange Act.  CD&I 169.07 provides examples of proxy card advisory vote descriptions that would and would not be “consistent with Rule 14a-21’s requirement for shareholders to be given [...] Read more →

by David Jenson   |   February 14, 2012

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ISS Releases 2012 Compensation Policy FAQs

Executive Compensation, Public Companies and Securities On January 25, 2012, Institutional Shareholder Services Inc. (ISS) released a set of frequently asked questions relating to its analysis of compensation policy issues for 2012... Read more →

by David Jenson   |   January 31, 2012

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NYSE Announces Further Limitations on Broker Voting

Broker-Dealer, Public Companies and Securities Under New York Stock Exchange Rule 452, certain matters to be voted on at board meetings of NYSE member organizations were designated as “Broker May Vote” by the NYSE in its... Read more →

by David Jenson   |   January 27, 2012

GAO Seal

GAO Releases Report on Bank Holding Company Act Exemptions

Banking The Dodd-Frank Act required the Government Accountability Office (GAO) to study the implications of removing existing exemptions from the definition of “bank” under the Bank... Read more →

by David Jenson   |   January 24, 2012

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FTC and CFPB to Work Together

Consumer Protection Pursuant to a Memorandum of Understanding (MOU) dated January 20, 2012, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) will work together... Read more →

by David Jenson   |   January 23, 2012

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New CD&Is for Say-On-Pay

Executive Compensation, Public Companies and Securities We have previously written about Section 951 of the Dodd-Frank Act, which adds new Section 14A to the Securities Exchange Act to require companies to conduct shareholder advisory... Read more →

by David Jenson   |   February 14, 2011

FINRA

Newly Effective Rule 6490 Gives FINRA a Larger Role in Advance Notifications

Public Companies and Securities Rule 10b-17 under the Securities Exchange Act of 1934 (the “Act”) provides that the failure of an issuer to provide advance notice to regulatory authorities in connection with... Read more →

by David Jenson   |   December 1, 2010

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Say-On-Pay: Board Recommendations

Public Companies and Securities Section 951 of the Dodd-Frank Act requires advisory say-on-pay votes from shareholders on the compensation of named executive officers, the Compensation Discussion and Analysis,... Read more →

by David Jenson   |   November 4, 2010

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SEC Requests Comment on Study of SOX Compliance Burden

Public Companies and Securities On October 14, the SEC recently issued a release requesting public comment in connection with a study relating to ways in which the SEC could reduce the burden of complying with... Read more →

by David Jenson   |   October 15, 2010

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Dodd-Frank and SOX Whistleblower Protections

Public Companies and Securities The cooperation of corporate whistleblowers may be a crucial element of a transparent and fully accountable market place.  However,  many employees with knowledge of violations... Read more →

by David Jenson   |   October 11, 2010