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

Trump Requires DOL to Reevaluate the Fiduciary Rule

Broker-Dealer, Investment Advisers, Trump Under current law, stockbrokers are only required to recommend suitable investments to their clients. The Department of Labor has issued a so called “fiduciary rule” which requires brokers, advisors and insurance agents, when providing investment advice for retirement accounts, to act at a higher fiduciary standard.  The DOL rule has not yet taken effect. President […] Read more →

by   |   February 3, 2017

SEC Simplifies Filing of Broker-Dealer Annual Reports on EDGAR

Broker-Dealer The SEC has previously provided guidance on the filing of annual and supplemental reports required under Rule 17a-5 or Rule 17a-12 by broker-dealers or over-the-counter... Read more →

by   |   January 30, 2017

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Legislation Creating Small Business Advocacy within the SEC Heading to the President’s Desk

Broker-Dealer, Consumer Protection, Public Companies and Securities On December 10, the SEC Small Business Advocate Act was approved by the Senate, clearing the way for signature by the President. The measure, which creates an advocacy office for... Read more →

by   |   December 12, 2016

House Passes Creating Financial Prosperity for Businesses and Investors Act

Broker-Dealer, Consumer Protection, Crowdfunding, Investment Advisers, Private Equity On Monday, the House of Representatives passed the Creating Financial Prosperity for Businesses and Investors Act (H.R. 6427) (the “Act”) by a vote of 398 to 2. The Act is... Read more →

by   |   December 6, 2016