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

CFPB Takes Action Against ‘Buy-Here, Pay-Here’ Auto Dealer

CFPB logo

Banking, Consumer Protection, Litigation The CFPB took its first action against a “buy-here, pay-here” car dealer.   The CFPB alleged that the dealer, DriveTime, harmed consumers by making harassing debt collection calls and providing inaccurate credit information to credit reporting agencies. DriveTime agreed to pay $8,000,000 as a civil money penalty, end its unfair debt collection tactics, fix its credit […] Read more →

by   |   November 20, 2014

whistleblower

SEC Describes Profiles of Successful Whistleblowers

Employment, Litigation, Public Companies and Securities, Uncategorized In its 2014 Report to Congress on the Dodd-Frank Whistleblower Program, the SEC described the profile of successful whistleblowers. Because the SEC must keep the identity of... Read more →

by   |   November 18, 2014

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CFPB Finds Violation of Loan Originator Compensation Rule

Banking, Consumer Protection, Employment, Litigation The CFPB and Franklin Loan Corporation have asked a federal court to approve a consent order regarding alleged violations by Franklin Loan of the loan originator compensation... Read more →

by   |   November 15, 2014

whistleblower

Revealing Whistleblower’s Identity is Retaliation

Employment, Litigation, Public Companies and Securities The United States Court of Appeals for the Fifth Circuit held that revealing a whistleblower’s identity is prohibited retaliation under the Sarbanes-Oxley Act in... Read more →

by   |   November 14, 2014