Stinson Leonard Street 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 Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Case Illustrates Role of 10b5-1 Plans in Securities Litigation

Litigation, Public Companies and Securities A Fourth Circuit case, Yates v. Municipal Mortgage & Equity, LLC (March 2014), recently examined the role of 10b5-1 plans in an alleged securities fraud case involving a financial statement restatement.  To prevail on a Rule 10b-5 claim, plaintiffs must prove scienter, amongst other things.  Evidence of insider trading is often advanced as motive, because […] Read more →

by   |   April 1, 2014

CFPB Wants Free Consumer Credit Scores

Consumer Protection In a recent speech, CFPB Director Richard Cordray stated “I recently sent letters and followed up with phone calls to the CEOs of the nation’s top credit card companies... Read more →

by   |   March 11, 2014

SEC Private Equity Enforcement: Expenses, Distributions, Marketing and Custody

Investment Advisers, Litigation, Private Equity Recent SEC charges against a registered investment adviser to a private fund and one of its co-founders illustrate recurring themes in SEC enforcement actions against private... Read more →

by   |   February 25, 2014

SEC Publishes Draft Strategic Plan For Public Comment

Derivatives, Municipal Advisors, Public Companies and Securities The SEC has published for public comment its Draft Strategic Plan that outlines the agency’s strategic goals for fiscal years 2014 to 2018. To comment on the 2014-2018 Draft... Read more →

by   |   February 3, 2014