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 »

Dodd-Frank Banking

CFPB Takes Action Against PayPal for Allegedly Signing Up Consumers for Unwanted Online Credit

CFPB logo

Banking, Consumer Protection, Litigation The CFPB filed a complaint and proposed consent order in federal court against PayPal, Inc.   The CFPB alleges PayPal illegally signed up consumers for its online credit product, PayPal Credit, formerly known as Bill Me Later. The CFPB alleges that PayPal deceptively advertised promotional benefits that it failed to honor, signed consumers up for credit […] Read more →

by   |   May 19, 2015

US Capitol Building

Agencies Issue Final Rule on Minimum Requirements for Appraisal Management Companies

Banking Six federal financial regulatory issued a final rule that implements minimum requirements for state registration and supervision of appraisal management companies, or AMCs. An AMC... Read more →

by   |   April 30, 2015

M&A

Fed Eases Small Bank M&A Rules

Banking, M&A The Board of Governors of the Federal Reserve Board has modified its Small Bank Holding Company Policy Statement to facilitate the sale of smaller community banks. Under the final... Read more →

by   |   April 11, 2015

Fed Governor Says Volker Rule Thresholds Should be Raised

Banking, Private Equity In testimony before a Senate committee, Federal Reserve Governor Daniel K. Tarullo suggested the threshold for the Volker rule should be raised.  He noted the Volcker rule and... Read more →

by   |   March 22, 2015