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 »

CFPB Clarifies Heirs, Divorcees and Estate Planning Transferees Are Not Subject to Ability-to-Repay Rules

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Consumer Protection, Uncategorized The CFPB issued an interpretive rule to clarify that when a borrower dies, the name of the borrower’s heir generally may be added to the mortgage without triggering the Bureau’s Ability-to-Repay rule. This clarification will help surviving family members who acquire title to a property to take over the decedent’s mortgage, and to be considered […] Read more →

by   |   July 10, 2014

whistleblower

Dodd-Frank Whistleblower Protections Do Not Apply to Banking Laws

Banking, Employment, Litigation, Uncategorized The United States District Court for the Eastern District of Wisconsin refused to allow a plaintiff to amend his complaint where the plaintiff claimed he was terminated because he... Read more →

by   |   June 17, 2014

Congress and Industry Want Resource Extraction Rules Finalized

Energy, Public Companies and Securities, Uncategorized In 2013 the United States District Court for the District of Columbia vacated the SEC resource extraction disclosure rules that were mandated by Section 1504 of the Dodd-Frank... Read more →

by   |   June 14, 2014

Shareholder Lawsuit About Compensation Plan Derails Annual Meeting

Executive Compensation, Litigation, Public Companies and Securities, Uncategorized An SEC registrant recently announced it had delayed its annual meeting from June 12, 2014 to September 11, 2014 because of this lawsuit. What’s the lawsuit about? Plaintiffs... Read more →

by   |   June 6, 2014