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

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

enforcement

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 California school districts. According to the SEC, an investigation found that School Business Consulting Inc. was advising certain school districts about their hiring process for financial professionals. School Business Consulting... Read more →

by   |   June 13, 2016

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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

transition

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

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MSRB Publishes Compliance Advisory for Municipal Advisors

Municipal Advisors The Municipal Securities Rulemaking Board, or MSRB, published its first Compliance Advisory for Municipal Advisors, developed to assist municipal advisors with understanding and... Read more →

by   |   November 13, 2015