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 Private Equity

SEC Charges KKR With Misallocating Broken Deal Expenses

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Investment Advisers, Litigation, M&A, Private Equity Everyone knew the SEC would pursue a marquee-name private equity sponsor for misallocating expenses.  It finally happened, with KKR settling charges for misallocating “broken deal” expenses.  Charges against others are likely to follow over time. According to the SEC an investigation found that during a six-year period ending in 2011, KKR incurred $338 million in […] Read more →

by   |   June 29, 2015

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Gallagher: SEC Should Not Alienate Chief Compliance Officers

Investment Advisers, Litigation, Private Equity Outgoing SEC Commissioner Daniel M. Gallagher explained his dissenting votes in two SEC enforcement actions against Chief Compliance Officers.  Mr. Gallagher explained that in... Read more →

by   |   June 18, 2015

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SEC Continues Crackdown on Unregistered Broker-Dealers

Broker-Dealer, Consumer Protection, Private Equity A New York man has agreed to pay almost $4.5 million to settle charges by the SEC that he violated Section 15(a) of the Exchange Act by acting as an unregistered broker-dealer.... Read more →

by   |   June 14, 2015

OCIE Speaks On Private Equity Deficiencies

Private Equity Marc Wyatt, Acting Director, Office of Compliance Inspections and Examinations, of the SEC, recently gave his views on serious deficiencies found in examinations of private equity... Read more →

by   |   May 14, 2015