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

Pay-to-Play Enforcement Sweep Snares Private Equity and Venture Capital

Litigation, Private Equity On January 17, 2017, the SEC announced nine settled enforcement actions for violations of the pay-to-pay rule against private equity, venture capital and hedge fund sponsors. The firms involved agreed to pay monetary penalties from $35,000 to $75,000.  In addition, the firms involved did not admit or deny the allegations. The pay-to-play rule is designed […] Read more →

by   |   January 20, 2017

Corzine Settles CFTC’s MF Global Charges for $5 Million

Derivatives, Employment, Executive Compensation, Litigation The U.S. Commodity Futures Trading Commission has obtained a federal court Consent Order against Defendant Jon S. Corzine, former CEO of MF Global Inc., requiring him to pay a $5... Read more →

by   |   January 5, 2017

10th Circuit Finds SEC Administrative Proceedings are Unconstitutional

Litigation The Appointments Clause of the US Constitution requires that “inferior officers” be appointed by the President, department heads or courts of law. SEC administrative law... Read more →

by   |   December 28, 2016

Delaware Court Addresses Fee-Shifting Bylaw

Litigation, M&A, Public Companies and Securities In 2015, Section 115 was added to the Delaware General Corporation Law, or DGCL providing that Delaware corporations may adopt bylaws requiring that internal corporate claims be... Read more →

by   |   December 28, 2016