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 »

SEC Issues Report on Examination of Ratings Agencies

Consumer Protection The SEC staff has issued a report on the examinations conducted by the staff  under Section 15E(p)(3) of the Securities Exchange Act of 1934.  The Exchange Act requires the SEC Office of Credit Ratings, or OCR, to conduct an examination of each nationally recognized statistical rating organization, or NRSRO at least annually.  The Exchange Act […] Read more →

by   |   January 7, 2014

CFPB to Oversee Nonbank Student Loan Servicers

Consumer Protection The CFPB has issued a rule that allows the CFPB to supervise certain nonbank student loan servicers for the first time. The CFPB currently oversees student loan servicing at the... Read more →

by   |   December 3, 2013

CFPB Issues Report on Compliance Costs

Consumer Protection The Consumer Financial Protection Bureau, or CFPB, has issued a report entitled “Understanding the Effects of Certain Deposit Regulations on Financial Institutions’... Read more →

by   |   December 2, 2013

Question mark

D&O Questionnaire Update Forms for 2014

Public Companies and Securities The SEC has adopted rules prohibiting “bad actors” from using Rule 506 after September 23, 2013 (the effective date of the rules), or if prohibited conduct occurred prior to... Read more →

by , , and   |   December 1, 2013