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

Duka Beats Fraud Charge in SEC Administrative Court

Litigation Barbara Duka was an employee of Standard & Poor’s Ratings Services. The SEC contended that Duka loosened S&P’s methodology for rating commercial mortgage-backed securities to help the company generate ratings business from issuers. S&P had settled allegations against it in a separate matter. The SEC brought charges against Duka in the SEC’s administrative court.  Duka […] Read more →

by   |   August 31, 2017

Minnesota Supreme Court Rejects Delaware Test for Direct Versus Derivative Action

Litigation, M&A In a case arising out of the inversion transaction where Medtronic merged with Coviden, the Minnesota Supreme Court spoke on the proper test of determining when an action is... Read more →

by   |   August 16, 2017

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SEC Charges Chief Compliance Officer for Failure to Verify Information

Investment Advisers, Litigation David I. Osunkwo was a principal at Strategic Consulting Advisors, LLC, or SC Consulting. SC Consulting offered compliance consulting and CCO services to two SEC registered... Read more →

by   |   August 16, 2017

Court Decision May Slow SEC Approval of SRO Rules

Litigation, Public Companies and Securities The SEC must generally approve rules and rule changes by self-regulatory organizations, which are referred to as SROs. According to this SEC web page, there are 37 active SROs. ... Read more →

by   |   August 11, 2017