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

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 actually a compilation of six measures that were previously considered and passed by the House in 2016, but that have thus far seen no action […] Read more →

by   |   December 6, 2016

CFPB Outlines Expectations on Incentive Compensation

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... 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