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 Broker-Dealer

NASAA Unveils Online Filing System for State Form D Filings

NASAA

Broker-Dealer, Investment Advisers, Private Equity On December 15, 2014, the North American Securities Administrators Association, Inc. (NASAA) unveiled its Electronic Filing Depository (EFD) for use in connection with state Form D filings in Rule 506 offerings.  The NASAA has been pursuing initiatives to streamline the state blue sky filing process for some time. In July of 2014, we reported on […] Read more →

by   |   December 17, 2014

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SEC Distances Itself From Janus and Adopts Expansive View of Rule 10b-5(a) and (c)

Broker-Dealer, Investment Advisers, Litigation, Public Companies and Securities The SEC recently rendered an opinion in an enforcement action against two persons, John P. Flannery and James D. Hopkins, associated with an investment adviser.  In so doing, it... Read more →

by   |   December 16, 2014

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SEC Settles with Bitcoin/Litecoin Exchange Operator

Broker-Dealer, Consumer Protection The SEC recently announced a settlement in connection with the operation of unregistered virtual-currency-based stock exchanges. The settlement is instructive as to how the SEC... Read more →

by   |   December 13, 2014

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SEC and PCAOB Collar 15 For Independence Violations in Audits of Broker-Dealers

Broker-Dealer, Litigation The SEC and PCAOB collectively charged 15 audit firms for violating independence requirements in connection with audits of broker dealers.  Under SEC independence rules, which... Read more →

by   |   December 8, 2014