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 Investment Advisers

SEC Warns on Outsourced Chief Compliance Officers

Investment Advisers, Private Equity The SEC’s Office of Compliance Inspections and Examinations, or OCIE, recently issued a risk alert titled “Examinations of Advisers and Funds That Outsource Their Chief Compliance Officers.”  According to the alert, OCIE staff have noted a growing trend in the investment management industry: outsourcing compliance activities to third parties, such as consultants or law firms. […] Read more →

by   |   November 30, 2015

SEC Nabs Private Equity Sponsor for Conflicting Investments

Investment Advisers, Litigation, Private Equity JH Partners, LLC, a private equity sponsor, recently agreed to settle SEC charges.  According to the SEC the proceedings arose from negligent breaches of fiduciary duty by JHP,... Read more →

by   |   November 25, 2015

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SEC Preparing to Move Forward on Accredited Investor Definition

Broker-Dealer, Crowdfunding, Investment Advisers, Public Companies and Securities SEC Chair Mary Jo White gave testimony before the House of Representatives Committee on Financial Services.  Ms. White stated the staff is “engaged in a comprehensive... Read more →

by   |   November 22, 2015

“Recidivist” Custody Rule Violators Settle SEC Charges

Investment Advisers, Litigation, Private Equity The SEC announced that an investment advisory firm, two owners, and a former chief compliance officer have agreed to settle charges that the firm again violated the custody rule... Read more →

by   |   November 19, 2015