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

First Public Company Receives Benefit of SEC Cooperation Policy—Implications for Whistleblower Claims

Banking, Broker-Dealer, Employment, Insurance, Litigation, Public Companies and Securities The first public company received credit for its cooperation as a result of the SEC’s policy with respect to cooperation in investigations and enforcement actions announced in January 2010.  The public company, Carter’s, Inc., entered into a non-prosecution agreement.  The SEC charged a former Executive Vice President of Carter’s Inc. for engaging in financial fraud […] Read more →

by   |   December 20, 2010

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SEC Seeks Public Comment Regarding Private Rights of Action for Transnational Securities Fraud

Litigation, Public Companies and Securities In Morrison v. National Australia Bank, the Supreme Court limited the extraterritorial scope of  Section 10(b) of the Securities and Exchange Act of 1934 by holding that the... Read more →

by   |   November 17, 2010

SEC’s Proposed Whistleblower Rules—the Good, Bad and Ugly

Employment, Litigation, Public Companies and Securities The SEC has published its proposed whistleblower rules, complete with almost 30 pages of forms for whistleblowers to use.   Employers (and let’s not forget that this applies... Read more →

by   |   November 3, 2010

Sarbanes-Oxley Prevents Indemnification for Clawback Claims – Dodd-Frank Implications

Executive Compensation, Litigation Sarbanes-Oxley requires executives to reimburse their public company employers for bonuses and profits realized from the sale of company stock for the 12 month period following... Read more →

by   |   October 8, 2010