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 Derivatives

New Legislation Exempts Swap End Users From Margin Requirements

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Banking, Derivatives The House and Senate have passed legislation which provides that swap end-users do not have to provide initial and variation margin for uncleared swaps as previously required by the Dodd-Frank Act. The provision is included in the Terrorism Risk Insurance Program Reauthorization Act of 2015. Senators defeated an amendment by Sen. Elizabeth Warren, D-Mass., to […] Read more →

by   |   January 9, 2015

US Capitol Building

Democrats Fend Off Changes to Volker Rule and Derivative Matters

Banking, Derivatives The political gamesmanship has begun.  According to Maxine Walters “Republicans attempted to move a package of 11 bills that contained controversial changes to provisions... Read more →

by   |   January 7, 2015

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ISDA Survey Finds End Users Uncertain About New Margin Requirements

Banking, Derivatives Derivatives end users are concerned about the impact of new margin requirements for non-cleared derivatives, with a large number unsure whether they will even have to comply with... Read more →

by   |   January 6, 2015

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Illegal “Wash Sales” in Futures Contracts Result in $35 Million Fine

Banking, Derivatives, Energy On December 18, the U.S. District Court for the Southern District of New York entered a Consent Order against a foreign bank (the “Bank”), imposing a civil monetary penalty of... Read more →

by   |   December 22, 2014