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 »

Disclosure for Asset-Backed Securities Related to Representations, Warranties and Repurchase Histories

US Capitol Building

Banking, Public Companies and Securities In transaction agreements that govern a securitization, issuers or originators of asset-backed securities, or ABS, typically make “representations and warranties” about the characteristics and the quality of loans included in a securitization.  If a loan does not comply with the representation or warranty, an ABS issuer or lender can be required to repurchase the loan […] Read more →

by   |   January 21, 2011

SEC logo

SEC Staff Concludes Insufficient Capacity to Examine Investment Advisers

Banking, Broker-Dealer, Investment Advisers, Private Equity Thus, the staff believes that the SEC likely will not have sufficient capacity in the near or long term to conduct effective examinations of registered investment advisers with... Read more →

by   |   January 19, 2011

FSOC Issues Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies

Banking, Broker-Dealer, Insurance, Investment Advisers, Public Companies and Securities The Dodd-Frank Act mandated that the Financial Stability Oversight Council, or FSOC, ensure that all financial companies whose failure could pose a threat to the financial... Read more →

by   |   January 18, 2011

FDIC Board Approves Interim Final Rule on New Orderly Liquidation Authority

Banking The Board of Directors of the Federal Deposit Insurance Corporation, or FDIC, approved an interim final rule clarifying how the agency will treat certain creditor claims under the... Read more →

by   |   January 18, 2011