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

PCAOB Alerts on Deficiencies in Broker-Deal Audits

financial statements

Broker-Dealer The first five inspections of broker-dealer audit and new attestation engagements subject to PCAOB standards show deficiencies in the auditors’ application of these standards according to the PCAOB. The requirement to follow PCAOB standards became effective for broker-dealer annual reports with fiscal years that ended on or after June 1, 2014, pursuant to an amendment […] Read more →

by   |   January 28, 2015

bad actor

SEC Grants Second Bad Actor Waiver With Conditions

Broker-Dealer, Litigation SEC Commissioner Kara Stein recently described what many saw as a possible model for harsher bad actor waivers after settling a matter with the SEC.  According to Ms. Stein... Read more →

by   |   January 27, 2015

NASAA

Model Rule Exempting M&A Brokers Proposed by NASAA

Broker-Dealer, Private Equity The Broker-Dealer section of the North American Securities Administrators Association (NASAA) has proposed a model uniform state rule (the “Model Rule”) that would exempt... Read more →

by   |   January 18, 2015

FINRA image 2

Private Placement Due Diligence and Contingency Offerings Among FINRA’s 2015 Priorities

Broker-Dealer, Private Equity On January 6, 2015, FINRA released its 10th annual Regulatory and Examinations Priorities Letter in which it identified key areas of focus for FINRA investigations for 2015. Since... Read more →

by   |   January 11, 2015