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

Court Finds Agreement to Arbitrate in Home Mortgage Invalid

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Banking, Consumer Protection, Litigation The United States District Court For The Southern District Of Mississippi, Southern Division, recently found an agreement to arbitrate in a home mortgage was invalid in Richards v. Gibson. The court cited 15 U.S.C. § 1639c(e) which was enacted by the Dodd-Frank Act.  That statute provides: No residential mortgage loan . . . secured by […] Read more →

by   |   February 2, 2015

CFPB Speaks to Disclosure of its Confidential Supervisory Information

Banking, Consumer Protection The CFPB issued a compliance bulletin setting forth its views that, with limited exceptions, persons in possession of confidential information, including confidential supervisory... Read more →

by   |   January 29, 2015

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Interchange Fee Battle Comes to an End

Banking The United States Supreme Court has denied a petition for a writ of certiorari in NACS, fka National Association of Convenience Stores, et al., v. Board of Governors of the... Read more →

by   |   January 21, 2015

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New Legislation Exempts Swap End Users From Margin Requirements

Banking, Derivatives The House and Senate have passed legislation which provides that swap end-users do not have to provide initial and variation margin for uncleared swaps as previously required by... Read more →

by   |   January 9, 2015