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 »

Notice Requirements for Broker-Dealers

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Public Companies and Securities With respect to the borrowing of securities from customers, Section 929X of the Dodd-Frank Act imposes the following two additional requirements on broker-dealers:  (i) every registered broker or dealer must provide notice to its customers that they may elect not to allow their fully paid securities to be used in connection with short sales and […] Read more →

by   |   August 24, 2010

Stacks of Coins

CFTC and SEC Roundtable Contentious

Banking, Energy, Insurance, Public Companies and Securities As we noted, the SEC and CFTC held a joint roundtable on August 20, 2010 addressing governance and conflicts of interest on clearing and listing of swap transactions.  Gary... Read more →

by   |   August 22, 2010

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“Bad Actor” Disqualification May Cause Headaches

Public Companies and Securities Section 926 of the Dodd-Frank Act directs the SEC to issue rules which would prevent the use of Regulation D Rule 506 offerings by certain “bad actors.”  The Dodd-Frank Act... Read more →

by   |   August 19, 2010

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Here Comes Proxy Access

Banking, Insurance, Public Companies and Securities The SEC has announced that it will “consider” the adoption of proxy access rules on August 25, 2010.  It is probably a safe bet that when they are done “considering” the... Read more →

by   |   August 19, 2010