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 Municipal Advisors

MSRB Warns Municipalities, Underwriters and Municipal Advisors about Selective Disclosure

Municipal Advisors Regulation FD prohibits public companies from disclosing material nonpublic information to designated classes of persons such as securities professionals and holders of the issuer’s securities without, in most cases, simultaneous public disclosure. For many good reasons, public companies generally prohibit disclosure of material non-public information to anyone not subject to a confidentiality... Read more →

by   |   September 13, 2017

SEC Brings First Action under Dodd-Frank Municipal Advisor Antifraud Rules

Litigation, Municipal Advisors Two California-based municipal advisory firms and their executives have agreed to settle SEC charges that they used deceptive practices when soliciting the business of five... Read more →

by   |   June 13, 2016

SEC Brings First Ever Charges Against Municipal Advisors

Banking, Broker-Dealer, Litigation, Municipal Advisors The SEC charged Kansas-based Central States Capital Markets, its CEO, and two employees for breaching their fiduciary duty by failing to disclose a conflict of interest to a... Read more →

by   |   March 15, 2016

T+2 Settlement Gathers Momentum

Broker-Dealer, Municipal Advisors, Public Companies and Securities, Uncategorized FINRA is seeking comment on proposed amendments to FINRA rules shortening the securities settlement cycle to two days.  The rulemaking notice cites a September 2015 letter in... Read more →

by   |   March 9, 2016