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

Federal Reserve Proposes Rule under Regulation E to Create New Consumer Protections for Remittance Transfers

US Capitol Building

Banking, Consumer Protection The Federal Reserve Board has requested public comment on a proposed rule that would create new protections for consumers who send remittance transfers to recipients located in a foreign country. The proposed rule would require that remittance transfer providers make certain disclosures to senders of remittance transfers, including information about fees and the exchange rate, […] Read more →

by   |   May 14, 2011

Ordinary Consumer and Commercial Transactions Are Not Swaps Under Dodd-Frank

Consumer Protection, Derivatives As permitted by the Dodd-Frank Act,  the SEC and CFTC, in consultation with the Federal Reserve Board, have proposed to further define the term “swap.”  Commenters on an... Read more →

by   |   April 29, 2011

Federal Reserve Proposes Rule Pertaining to a Consumer’s Ability to Repay a Mortgage

Banking, Consumer Protection The Federal Reserve Board has requested public comment on a proposed rule under Regulation Z that would require creditors to determine a consumer’s ability to repay a... Read more →

by   |   April 21, 2011

US Capitol Building

CFPB and National Association of Attorneys General Presidential Initiative Working Group Release Joint Statement of Principles

Consumer Protection The Consumer Financial Protection Bureau, or CFPB, and the Presidential Initiative Working Group of the National Association of Attorneys General announced agreement on a Joint... Read more →

by   |   April 12, 2011