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 Charges Hedge Fund Adviser With Participating in Conflicted Principal Transaction

Investment Advisers, Public Companies and Securities The SEC has charged the adviser to a New York-based hedge fund with breaching his fiduciary duty by engineering an undisclosed principal transaction in which he had a financial conflict of interest. The SEC alleges that Shadron L. Stastney, a partner at investment advisory firm Vicis Capital LLC, traded as a principal when he authorized […] Read more →

by   |   September 19, 2013

General Solicitation Under the JOBS Act and Blue Sky Laws

Public Companies and Securities As many know, on September 23, 2013, issuers will be able to make general solicitations, or advertising, when selling securities under Rule 506 of Regulation D.  While we look... Read more →

by   |   September 9, 2013

CFPB Commences Action for Violation of Loan Originator Compensation Rules

Banking, Consumer Protection The CFPB filed a complaint in federal district court against a Utah-based mortgage company, Castle & Cooke Mortgage LLC, and two of its officers for illegally giving bonuses... Read more →

by   |   July 29, 2013

Removal of General Solicitation Requirements Triggers Additional SEC Proposals

Public Companies and Securities The SEC has adopted final rules eliminating the ban on general solicitations in Rule 506 offerings.  As a result of the magnitude of the changes, the SEC has proposed a number of... Read more →

by   |   July 15, 2013