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 Blog

44 Senators Ask SEC to Require Disclosure of Political Contributions

US Capitol Building

Public Companies and Securities In this letter 44 senators called on SEC Chair Mary Jo White to act on a rulemaking petition that would require companies to disclose their political spending. The letter was referring to Petition for Rulemaking, File No. 4-637, Petition to Require Public Companies to Disclose to Shareholders the Use of Corporate Resources for Political Activities, […] Read more →

by   |   August 31, 2015

Scale and Gavel

States File First Brief in Regulation A+ Challenge

Public Companies and Securities Montana and Massachusetts have filed their first brief in their Regulation A+ challenge. They are not happy because Tier 2 offerings under Regulation A+ preempt state review of... Read more →

by   |   August 27, 2015

FinCEN Proposes Extending Anti-Money Laundering Compliance Requirements to Investment Advisers

Banking, Broker-Dealer, Investment Advisers, Private Equity On Tuesday, the United States Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a rule that would require SEC-registered investment advisers,... Read more →

by   |   August 27, 2015

M&A

Court Examines Disclosure Duties in Consent Solicitaion Removing Directors

M&A In Kerbawy v. McDonnell, the Delaware Court of Chancery affirmed the validity of a solicitation of written consents that removed certain directors and appointed new directors. A... Read more →

by   |   August 26, 2015

conflict minerals

Conflict Minerals Rule Still Unconstitutional After Rehearing

Public Companies and Securities The United States Court of Appeals for the District of Columbia issued its decision on the conflict minerals rule after a rehearing. In National Association of Manufacturers, et... Read more →

by   |   August 18, 2015

M&A

Court Reviews Validity of Escrow Claims

Litigation, M&A Gore, et al., v. Al Jazeera America Holdings I, Inc. emphasizes not only the necessity to carefully draft indemnification claim provisions in merger agreements but the need to... Read more →

by   |   August 13, 2015

SEC logo

SDNY Enjoins SEC Administrative Proceeding

Litigation In Duka v. SEC, the District Court for the Southern District of New York entered a preliminary injunction to enjoin an SEC administrative proceeding because the proceeding is... Read more →

by   |   August 13, 2015

Scale and Gavel

Update on Proxy Puts

Litigation, Public Companies and Securities Strike suits against public companies for “dead hand proxy put” provisions in credit agreements have recently attracted a lot of attention. A “dead hand proxy... Read more →

by   |   August 12, 2015

SEC logo

SEC Explains How to Form a Pre-Existing Relationship Using the Internet; New CDIs Issued

Broker-Dealer, Public Companies and Securities The SEC granted no-action relief to Citizen VC, Inc. which appears to state, although subject to facts and circumstances, a pre-existing relation can be formed with a person that... Read more →

by   |   August 6, 2015