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

Gensler States Foreign Banks Subject to CFTC Rules When Dealing With US Counterparties

Banking, Derivatives In remarks before the Institute of International Bankers on October 21, 2010, CFTC Chairman Gary Gensler addressed the question on whether a foreign bank can be regulated in the U.S. as a swap dealer when dealing with US counterparties.  According to Mr. Gensler, the answer is “Yes.”   Mr. Gensler stated the Dodd-Frank Act provides that […] Read more →

by   |   October 31, 2010

CFTC Proposes Rules on Process for Review of Swaps for Mandatory Clearing

Derivatives Section 723(a)(3) of the Dodd-Frank Act amends the Commodity Exchange Act (“CEA”) to provide that “it shall be unlawful for any person to engage in a swap unless that person... Read more →

by   |   October 27, 2010

CFTC to Hold Open Meeting on Third Series of Proposed Rules under the Dodd-Frank Act

Banking, Derivatives The Commodity Futures Trading Commission, or CFTC, will hold a public meeting on Tuesday, October 26, 2010, to consider the issuance of the following proposed rulemakings under... Read more →

by   |   October 19, 2010

CFTC Adopts Proposed Rules Regarding Protection of Consumer Information, Position Reports and a Definition of Agricultural Commodity

Derivatives The CFTC has adopted proposed rules which address the protection of consumer information, including rules which implement amendments to the Fair Credit Reporting Act and the... Read more →

by   |   October 19, 2010