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

And Now Bad Actor Waivers for Forward-Looking Statements

bad actor

Litigation, Public Companies and Securities The Securities Act (Section 27A(b)) and the Exchange Act (Section 21E(b)) exclude reliance on the safe harbor for forward-looking statements if, among other things, the statement is made with respect to an issuer that has, within the past three years, been convicted of any felony or misdemeanor described in paragraphs (i) through (iv) of Section 15(b)(4)(B) of the Securities […] Read more →

by   |   May 21, 2015

SEC logo

Does the SEC Want Issuers to Self-Report Everything?

Litigation, Public Companies and Securities Andrew Ceresney, Director, SEC Division of Enforcement delivered remarks at a conference where he addressed the SEC’s cooperation program.  Much of the focus was on the... Read more →

by   |   May 20, 2015

CFPB logo

CFPB Takes Action Against PayPal for Allegedly Signing Up Consumers for Unwanted Online Credit

Banking, Consumer Protection, Litigation The CFPB filed a complaint and proposed consent order in federal court against PayPal, Inc.   The CFPB alleges PayPal illegally signed up consumers for its online credit... Read more →

by   |   May 19, 2015

enforcement

A Saab Is Not A Tangible Object Either

Litigation We previously reported on a U.S. Supreme Court case which interpreted the evidence destruction provisions of Sarbanes-Oxley.  A plurality of the Court held in Yates that... Read more →

by   |   May 14, 2015