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 Expects Companies to Transition to New COSO Framework for Internal Control Reporting

Public Companies and Securities When evaluating internal control over financial reporting, Exchange Act Rule 13a-15(c) requires the evaluation to be based on a framework that is “a suitable, recognized control framework that is established by a body or group that has followed due-process procedures.”  Public companies have historically used the 1992 COSO framework.  In May of 2013, COSO updated […] Read more →

by   |   November 15, 2013

crowdfunding

SEC Unveils Proposed Regulation Crowdfunding

Public Companies and Securities The SEC has proposed new Regulation Crowdfunding  to implement the requirements of Title III of the JOBS Act.  Regulation Crowdfunding would prescribe rules governing the offer... Read more →

by , and   |   October 28, 2013

CFPB Brings Action for Processing Illegal Debt-Settlement Fees

Consumer Protection The Consumer Financial Protection Bureau, or CFPB, announced an enforcement action against Meracord LLC, a leading debt-settlement payment processor, for allegedly helping others... Read more →

by   |   October 5, 2013

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... Read more →

by   |   September 19, 2013