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

Trump Prevents FSOC Designations and Bank Liquidations

Banking In a Presidential Memorandum, President Trump directed the Secretary of the Treasury, as a member of the Financial Stability Oversight Council, not to cast a nonemergency vote to subject nonbank financial companies to enhanced regulation or to designate any financial market utilities as systematically important for a period of 180 days.  The Presidential Memorandum also […] Read more →

by   |   April 22, 2017

CFPB Outlines Expectations on Incentive Compensation

Banking, Consumer Protection, Employment, Executive Compensation The CFPB issued a bulletin warning supervised financial companies that creating incentives for employees and service providers to meet sales and other business goals can lead to... Read more →

by   |   November 30, 2016

Bank Regulators Issue Notice of Proposed Rulemaking on Enhanced Cyber Risk Management Standards

Banking Three federal banking regulatory agencies have approved an advance notice of proposed rulemaking (ANPR) inviting comment on a set of potential enhanced cybersecurity... Read more →

by   |   October 19, 2016

The New York State Department of Financial Services Proposes Robust Cybersecurity Rules

Banking, Consumer Protection, Insurance, Uncategorized On September 13, 2016, the New York State Department of Financial Services (DFS) proposed new rules that would require certain “Covered Entities” to establish and implement... Read more →

by   |   October 17, 2016