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

Trump Orders Agencies to Form Regulatory Reform Task Forces

Trump President Trump has issued an Executive Order which requires the head of each agency to designate an agency official as its Regulatory Reform Officer, or RRO. Each RRO will oversee the implementation of regulatory reform initiatives and policies to ensure that agencies effectively carry out regulatory reforms, consistent with applicable law.  Agencies which issue few […] Read more →

by   |   February 24, 2017

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SEC to Consider Requiring Inline XBRL Reporting and Comments on Disclosures in the Financial Services Industry

Public Companies and Securities The SEC has issued a notice of a meeting to consider: Whether to propose amendments to rules and forms to require the use of the Inline XBRL format for the submission of operating... Read more →

by   |   February 23, 2017

SEC and North American Securities Administrators Association Sign Information-Sharing Agreement

Consumer Protection, Crowdfunding On February 17, 2017, the Securities and Exchange Commission (SEC) and the North America Securities Administrators Association (NASAA) entered into an... Read more →

by   |   February 19, 2017

Judge Orders Status Report in Conflict Minerals Case

Litigation, Public Companies and Securities The conflict minerals case was remanded to the United Stated District Court for the District of Columbia for further proceedings. Judge Jackson has ordered the parties to file a... Read more →

by   |   February 15, 2017

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SEC Targets Lapses in Ownership Reporting in Battles for Corporate Control

Litigation, M&A, Public Companies and Securities The SEC has recently announced settlement of enforcement actions targeting violations of beneficial reporting requirements under Section 13(d) of the Act. In one of the most... Read more →

by   |   February 14, 2017

SEC Approves T+2 settlement; Abides by T+4 settlement for Firm Commitment Deals

Broker-Dealer, Public Companies and Securities On February 10th, the SEC took action to formally approve of changes proposed by the NASDAQ Stock Market, NYSE MKT LLC, and New York Stock Exchange LLC’s, to shorten the... Read more →

by   |   February 14, 2017

NJ Supreme Court Clarifies Standard for Member Expulsion under LLC Act

Private Equity, Uncategorized One of the features of the Revised Uniform Limited Liability Company Act (RULLCA) that has been adopted in Minnesota and many other states is that it allows for an LLC to expel a... Read more →

by   |   February 14, 2017

OCIE Issues Alert on the Five Most Frequent Compliance Topics Identified in Examinations of Investment Advisers

Investment Advisers, Private Equity The SEC’s Office of Compliance Inspections and Examinations, or OCIE, has published a list of the five compliance topics most frequently identified in deficiency letters... Read more →

by   |   February 8, 2017

Trump’s 2 for 1 Regulatory Reduction Challenged in Court

Litigation, Trump President Donald Trump’s Executive Order requiring two regulations be repealed for every new one adopted and related OMB guidance have been challenged in a law suit... Read more →

by   |   February 8, 2017