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 Uncategorized

SEC to Commence Examinations of Municipal Advisors

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Municipal Advisors, Uncategorized The SEC announced that its Office of Compliance Inspections and Examinations, or OCIE, is launching an examination initiative directed at newly regulated municipal advisors. It also sent this letter to registered municipal advisors advising them of the program. SEC rules that took effect on July 1, 2014 generally require municipal advisors to register with the […] Read more →

by   |   August 20, 2014

Loan Officers Say ATR/QM Rules Make Mortgage Approvals More Difficult

Banking, Consumer Protection, Uncategorized Around 34% of all loan officers responding to a Fed survey indicated the CFPB’s Ability-to-Repay and Qualified Mortgage Standards under the Truth in Lending Act (the ATR/QM... Read more →

by   |   August 6, 2014

conflict minerals

Conflict Minerals: SEC Position on Non-Metallic Forms of Tin

Public Companies and Securities, Uncategorized Shortly before the filing deadline for the first conflict minerals filings on Form SD, it became known that the SEC believed non-metallic forms of tin are not conflict minerals... Read more →

by   |   July 15, 2014

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CFPB Clarifies Heirs, Divorcees and Estate Planning Transferees Are Not Subject to Ability-to-Repay Rules

Consumer Protection, Uncategorized The CFPB issued an interpretive rule to clarify that when a borrower dies, the name of the borrower’s heir generally may be added to the mortgage without triggering the... Read more →

by   |   July 10, 2014