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

MSRB Seeks to Extend Pay-to-Play Rule to Municipal Advisors

msrb

Banking, Broker-Dealer, Municipal Advisors The Municipal Securities Rulemaking Board, or MSRB, is requesting comment on draft amendments to Rule G-37, the MSRB’s pay-to-play rule for municipal securities dealers, that would extend the rule to municipal advisors. According to the  MSRB, the draft amendments seek to curb pay-to-play activities by municipal advisors and provide greater transparency regarding their political contributions. […] Read more →

by   |   August 18, 2014

US Capitol Building

FinCEN Seeks to Turn Beneficial Ownership Disclosure of Private Entities on its Head

Banking My colleagues over at our banking blog have highlighted proposed regulations by the Financial Crimes Enforcement Network, or FinCEN, under the Bank Secrecy Act  which are meant... Read more →

by   |   August 17, 2014

accountant2

FNMA Survey Indicates QM Rules Lead to Increased Lender Costs

Banking, Consumer Protection FannieMae has released a survey that indicates the CFPB’s Ability-to-Repay (“ATR”) and Qualified Mortgage (“QM”) rules will lead to increased lender costs. ... Read more →

by   |   August 14, 2014

OLYMPUS DIGITAL CAMERA

ISDA Says End User Transactions Dominate Interest Rate Derivative Markets

Banking, Derivatives ISDA believes there is a misperception that only a small fraction of derivatives activity relates to hedging that benefits the “real economy.”  ISDA has published an analysis... Read more →

by   |   August 13, 2014