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

More Examples of Social Media in M&A Transactions

social media

M&A, Public Companies and Securities Occasionally we see interesting uses of social meeting in M&A transactions (See the SEC position here, and prior examples here).  Some more recent examples are: From Zillow’s acquisition of Trulia: Fun pushing social media and investor relations envelope . . . Shareholder vote complete.  Deal approved by more than 99%. More info in 8-K later […] Read more →

by   |   March 5, 2015

SEC logo

What is a Security? Even the SEC Can’t Always Tell

Broker-Dealer, Consumer Protection, Investment Advisers On February 27, 2015, an Administrative Law Judge (ALJ) determined that, contrary to claims by the SEC, interests in an LLC that invested in conservation easements as a tax... Read more →

by   |   March 5, 2015

whistleblower

Three Dodd-Frank Whistleblower Anti-Retaliation Claims Fail

Employment, Litigation, Public Companies and Securities Courts recently issued three opinions on the whistleblower anti-retaliation provisions of the Dodd-Frank Act. In Murray v. UBS Securities, LLC, Mr. Murray claimed he was... Read more →

by   |   March 3, 2015

Radloff.Jill.web.2

MSRB Moves Foward Professional Qualification Standards For Municipal Advisors

Municipal Advisors, Uncategorized The Municipal Securities Rulemaking Board, or MSRB, has received approval from the SEC to create baseline standards of professional qualification for municipal advisors. The new... Read more →

by   |   March 2, 2015

M&A

Exercising Drag-Along Rights After Merger Did Not Waive Appraisal Rights

M&A, Private Equity In Halpin et al v. Riverstone National, Inc., the Delaware Court of Chancery found that invoking drag-along rights against minority stockholders  after a merger did not waive... Read more →

by   |   February 28, 2015

SEC Identifies Enforcement Priorities for Hedge Funds and Private Equity Funds

Investment Advisers, Private Equity Julie M. Riewe, Co-Chief, Asset Management Unit, SEC Division of Enforcement identified enforcement priorities for hedge funds and private equity funds. For private funds —... Read more →

by   |   February 27, 2015

CFTC logo4

CFTC’s Massad on End-Users

Derivatives, Energy CFTC Chair Timothy G. Massad delivered a speech on the importance of providing flexibility in the CFTC’s regulations to accommodate hedging by commercial end-users of... Read more →

by   |   February 26, 2015

Scale and Gavel

Supreme Court Interprets Sarbanes-Oxley Evidence Destruction Provisions

Litigation, Public Companies and Securities We now know that Sarbanes-Oxley does not apply to fish . . . While conducting an offshore inspection of a commercial fishing vessel in the Gulf of Mexico, a federal agent found... Read more →

by   |   February 25, 2015

governance

ISS Speaks: Proxy Access, Fee Shifting By-laws and More

Public Companies and Securities ISS has published its policy on proxy access matters.  ISS will generally recommend in favor of management and shareholder proposals for proxy access with the following... Read more →

by   |   February 19, 2015