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 Outlines Expectations on Incentive Compensation

CFPB logo

Banking, Consumer Protection, Employment, Executive Compensation The CFPB issued a bulletin warning supervised financial companies that creating incentives for employees and service providers to meet sales and other business goals can lead to consumer harm if not properly managed. According to the CFPB, tying bonuses or employment status to unrealistic sales goals or to the terms of transactions may intentionally or […] Read more →

by   |   November 30, 2016

The New York State Department of Financial Services Proposes Robust Cybersecurity Rules

Banking, Consumer Protection, Insurance, Uncategorized On September 13, 2016, the New York State Department of Financial Services (DFS) proposed new rules that would require certain “Covered Entities” to establish and implement... Read more →

by   |   October 17, 2016

CFPB’s Structure Ruled Unconstitutional but it Avoids Being Dismantled

Banking, Broker-Dealer, CFPB, Consumer Protection, Litigation On October 11, 2016, the United States Court of Appeals for the D.C. Circuit issued its highly anticipated opinion in PHH Corp., et al. v. CFPB, holding that the Consumer... Read more →

by   |   October 11, 2016

CFPB Month in Review for August 2016

Banking, CFPB, Consumer Protection, Litigation In case you missed it, here is what the Consumer Financial Protection Bureau (CFPB) was up to over the last month: Enforcement Actions and Litigation Enforcement Action Against... Read more →

by   |   September 7, 2016