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

CFPB Proposes Controversial Rule to Limit Use of Arbitration Agreements

Banking, Broker-Dealer, CFPB, Consumer Protection, Litigation On May 5, 2016, the Consumer Financial Protection Bureau (CFPB) announced a long-awaited and highly-controversial proposed rule that, if adopted, would prohibit certain financial services companies from banning consumer class actions as part of mandatory pre-dispute arbitration agreements and require companies to report certain arbitration data to the CFPB.  If the proposed rule is finalized, […] Read more →

by   |   May 12, 2016

NASAA

NASAA Requests Comments on Proposed Policy Allowing Use of Electronic Offering Documents and Electronic Signatures

Broker-Dealer, Public Companies and Securities On May 2, 2016 the North American Securities Administrators Association (NASAA) issued a release requesting public comments on a proposed Statement of Policy (SOP) that would... Read more →

by   |   May 6, 2016

job creation just ahead

First Crowdfunding Portal Application Appears on EDGAR

Broker-Dealer, Crowdfunding CFS, LLC became the first crowdfunding portal application available on EDGAR. Actually, the initial application and two amendments are available. The company will conduct business... Read more →

by   |   May 2, 2016

US Capitol Building

Fair Access to Investment Research Act of 2016 Passes Muster in U.S. House of Representatives

Broker-Dealer, Public Companies and Securities On April 28, 2016, the U.S. House of Representative passed the Fair Access to Investment Research Act of 2016 (H.R. 5019) by a vote of 411 to 6. This bill directs the SEC to amend... Read more →

by   |   May 2, 2016