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 Consumer Protection

CFPB Publishes Over 7,700 Consumer Complaint Narratives About Financial Companies

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Banking, Consumer Protection The CFPB has gone live with an enhanced customer complaint data base. It now includes over 7,700 consumer descriptions of alleged problems they are facing with financial companies concerning mortgages, bank accounts, credit cards, debt collection, and more. In March 2015, the Bureau finalized a policy to allow consumers to publicly share their stories when […] Read more →

by   |   June 26, 2015

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Update: CFPB Issues Proposed Amendment to Delay Know Before You Owe Rule

Banking, Consumer Protection On June 24 the CFPB published its proposed rule for extending the effective date for implementation of the Know Before You Owe Rule to October 3, 2015.  The public has until July... Read more →

by   |   June 25, 2015

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CFPB Plans Delay of Know Before You Owe Rule

Banking, Consumer Protection Residential mortgage originators struggling to meet the August 1, 2015 implementation date for the new Truth-in-Lending RESPA Integrated Disclosure Rule received a reprieve... Read more →

by   |   June 18, 2015

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SEC Continues Crackdown on Unregistered Broker-Dealers

Broker-Dealer, Consumer Protection, Private Equity A New York man has agreed to pay almost $4.5 million to settle charges by the SEC that he violated Section 15(a) of the Exchange Act by acting as an unregistered broker-dealer.... Read more →

by   |   June 14, 2015