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 Litigation

Executive Compensation Paid to Controlling Shareholders Subject to Business Judgment Review When Approved by an Independent Committee

executive compensation

Employment, Executive Compensation, Litigation Members of the Dolan family hold 73% of the voting power of Cablevision Systems Corporation’s stock.  A shareholder commenced a derivative action regarding the executive compensation paid to Dolan family members serving as Executive Chairman and Chief Executive Officer and the Delaware Court of Chancery dismissed the claims. In setting the compensation for the two […] Read more →

by   |   July 1, 2015

enforcement

SEC Charges KKR With Misallocating Broken Deal Expenses

Investment Advisers, Litigation, M&A, Private Equity Everyone knew the SEC would pursue a marquee-name private equity sponsor for misallocating expenses.  It finally happened, with KKR settling charges for misallocating “broken... Read more →

by   |   June 29, 2015

SEC logo

Gallagher: SEC Should Not Alienate Chief Compliance Officers

Investment Advisers, Litigation, Private Equity Outgoing SEC Commissioner Daniel M. Gallagher explained his dissenting votes in two SEC enforcement actions against Chief Compliance Officers.  Mr. Gallagher explained that in... Read more →

by   |   June 18, 2015

enforcement

SEC Says Fantasy Stock Trading Violates Securities Laws; Charges Others for Selling Illegal Security-Based Swaps

Derivatives, Litigation, Public Companies and Securities The SEC issued an Investor Alert which says fantasy stock trading for small amounts of money can violate provisions of securities laws implemented by the Dodd-Frank Act.  I bet... Read more →

by   |   June 17, 2015