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

SEC Staff to Congress: Brokers Should be Subject to a Uniform Fiduciary Standard

Banking, Broker-Dealer, Investment Advisers The staff of the SEC has delivered to Congress a long-awaited study pursuant to Section 913 of the Dodd-Frank Act.  That provision of the Dodd-Frank Act requires the SEC to conduct a study to evaluate: The effectiveness of existing legal or regulatory standards of care (imposed by the SEC, a national securities association, and other […] Read more →

by   |   January 22, 2011

GAO Report: Regulation of Financial Planners is Adequate

Broker-Dealer, Insurance, Investment Advisers The United States Government Accountability Office, or GAO, has issued a report that responds to a mandate included in Section 919C of the Dodd-Frank Act that directed GAO to... Read more →

by   |   January 21, 2011

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SEC Staff Concludes Insufficient Capacity to Examine Investment Advisers

Banking, Broker-Dealer, Investment Advisers, Private Equity Thus, the staff believes that the SEC likely will not have sufficient capacity in the near or long term to conduct effective examinations of registered investment advisers with... Read more →

by   |   January 19, 2011

FSOC Issues Notice of Proposed Rulemaking Regarding Authority to Require Supervision and Regulation of Certain Nonbank Financial Companies

Banking, Broker-Dealer, Insurance, Investment Advisers, Public Companies and Securities The Dodd-Frank Act mandated that the Financial Stability Oversight Council, or FSOC, ensure that all financial companies whose failure could pose a threat to the financial... Read more →

by   |   January 18, 2011