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

Top 5 Things the Financial Industry Needs to do in Response to the CFPB’s Proposed Arbitration Rule

Banking, CFPB, Consumer Protection, Litigation By Zane Gilmer and Liz Kramer On May 5, 2016, the Consumer Financial Protection Bureau (CFPB) announced a long awaited and highly controversial proposed rule that, if adopted, would prohibit certain financial services companies from banning consumer class actions as part of mandatory pre-dispute arbitration agreements and require companies to report certain arbitration data to […] Read more →

by   |   July 24, 2016

CFPB Week in Review

Banking, CFPB, Consumer Protection, Litigation The Consumer Financial Protection Bureau (CFPB) had another busy week.  Here is an overview of what the CFPB was up to recently: Enforcement Actions and Litigation Enforcement... Read more →

by   |   July 24, 2016

job creation just ahead

Secondary Trading in Regulation A+ Securities; $4.4 Million Committed by Investors Under Regulation Crowdfunding

Crowdfunding, Public Companies and Securities In connection with the SEC meeting of the Advisory Committee on Small and Emerging Companies, the SEC posted a presentation which deals in part on secondary trading of Regulation... Read more →

by   |   July 19, 2016

M&A

SEC Clarifies Relationship between HSR Investment Intent and 13D/G Status

M&A The SEC has issued a new Compliance and Disclosure Interpretation (8-K 103.11) that clarifies the interaction between the investment intent exemption in the HSR rules and the... Read more →

by   |   July 14, 2016

Scale and Gavel

SEC Amends Rules for Administrative Proceedings

Litigation The SEC has approved a final rule amending its rules of practice for administrative proceedings. The changes make incremental improvements but fall short of what is necessary to... Read more →

by   |   July 13, 2016

transition

First Inline XBRL Filing Made with SEC

Public Companies and Securities Lennar Corporation became the first to make a filing using the SEC’s newly permitted Inline XBRL format in this Form 10-Q. The SEC permitted use of the new format in an... Read more →

by   |   July 12, 2016

FollowtheRulesImage_LowerRes_iStock_000016212764

Typical SEC Comments on Merger Proxy Statements

M&A A review of recent SEC comments on merger proxy statements indicates many of these comments were typical, and some are variations on a theme: Rule 14a-6(a) requires that the form... Read more →

by   |   July 10, 2016

JOBS-Act-Before-After

Fix Crowdfunding Act and Venture Capital Bill Pass House

Crowdfunding The Fix Crowdfunding Act (H.R. 4855) passed the House of Representatives by a vote of 394 to 4. It doesn’t look much like the original bill we reported on here. As passed by... Read more →

by   |   July 5, 2016

governance

SEC Approves Nasdaq Golden Leash Disclosure Rule

Public Companies and Securities The SEC has approved Nasdaq’s proposed Rule 5250(b)(3) regarding disclosure of so called golden leash arrangements. The Rule requires each listed company to publicly... Read more →

by   |   July 1, 2016