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 »

Latest Dodd-Frank Posts

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 rule) makes it more difficult to get conforming mortgage loans approved. The “more difficult” response rate rises to about 49% for loan officers from smaller banks for borrowers […] Read more →

by   |   August 6, 2014

Scale and Gavel

SEC Commissioner Objects to Retroactive Application of Dodd-Frank Bars

Investment Advisers, Litigation, Municipal Advisors Commissioner Gallagher recently filed this opinion dissenting in part with respect to In the Matter of John W. Lawton. The matter arose out of the alleged misconduct of respondent... Read more →

by   |   August 5, 2014

bank pic

GAO Can’t Conclude Large Banks Have Lower Funding Costs Than Smaller Banks

Banking The Government Accountability Office, or GAO, was asked to review the benefits that the largest bank holding companies (those with more than $500 billion in assets) have received... Read more →

by   |   August 1, 2014

whistleblower

SEC Waives Rule and Reverses Course to Grant Whistleblower Windfall

Employment, Litigation In August 2013 the SEC whistleblower claims review staff issued a preliminary determination and recommended a whistleblower claim be denied. Although the record demonstrated that... Read more →

by   |   July 31, 2014