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 Public Companies and Securities

SEC Issues Guidance on What Makes Non-GAAP Measures Misleading

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Public Companies and Securities The SEC issued four new Compliance and Disclosure Interpretations on non-GAAP financial measures.  According to the CDIs: Certain adjustments, although not explicitly prohibited, may result in a non-GAAP measure that is misleading. For example, presenting a performance measure that excludes normal, recurring, cash operating expenses necessary to operate a registrant’s business could be misleading. A... Read more →

by   |   May 17, 2016

SEC logo

SEC Approves PCAOB Rule Requiring Audit Partners to be Identified

Public Companies and Securities The SEC has approved a proposed PCAOB rule requiring identification of audit engagement partners and certain other audit participants. Under the PCAOB rules, for each audit report... Read more →

by   |   May 9, 2016

Scale and Gavel

SEC Opinion Examines Reasonable Belief and Accredited Investor Status

Blockchain Technology, Litigation, Public Companies and Securities The SEC opinion In the Matter of Joseph P. Doxey examines compliance with Rule 506 in an alleged unlawful offering of stock totaling $57,654. The administrative law judge on... Read more →

by   |   May 8, 2016

NASAA

NASAA Requests Comments on Proposed Policy Allowing Use of Electronic Offering Documents and Electronic Signatures

Broker-Dealer, Public Companies and Securities On May 2, 2016 the North American Securities Administrators Association (NASAA) issued a release requesting public comments on a proposed Statement of Policy (SOP) that would... Read more →

by   |   May 6, 2016