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 Adopts Dealer Role-Switching Prohibition to Eliminate Conflict of Interest in Municipal Securities Underwriting

Municipal Advisors The Municipal Securities Rulemaking Board, or  MSRB, has adopted a significant rule change to address concerns over conflicts of interest by financial intermediaries in municipal bond underwritings. The change prohibits municipal securities dealers from acting as a financial advisor to a municipal entity on a new bond issue and subsequently acting as an underwriter on […] Read more →

by   |   May 31, 2011

MSRB Requests Comment on Supervisory Rule for Municipal Advisors

Municipal Advisors The Municipal Securities Rulemaking Board, or MSRB, is requesting comment on a proposed rule that would require municipal advisors to adopt a basic supervisory structure to ensure... Read more →

by   |   May 25, 2011

MSRB Holds Meeting to Consider Dodd-Frank Related Rules

Municipal Advisors The Board of Directors of the Municipal Securities Rulemaking Board, or MSRB, held a special meeting on May 19-20, 2011 where it advanced major rule proposals governing fiduciary... Read more →

by   |   May 23, 2011

How to Get Out of the Municipal Advisory Business

Broker-Dealer, Municipal Advisors The Dodd-Frank Act requires municipal advisors to register with the SEC, and as a result, with the Municipal Securities Rule Making Board, or MSRB.  The question remained, once... Read more →

by   |   February 28, 2011