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

SEC Issues Final Regulation A+ Rules

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Public Companies and Securities The SEC has adopted amendments to Regulation A and other rules and forms to implement Section 401 of the JOBS Act. Section 401 of the JOBS Act added Section 3(b)(2) to the Securities Act of 1933, which directed the SEC to adopt rules exempting from the registration requirements of the Securities Act offerings of up […] Read more →

by   |   March 25, 2015

Fed Governor Says Volker Rule Thresholds Should be Raised

Banking, Private Equity In testimony before a Senate committee, Federal Reserve Governor Daniel K. Tarullo suggested the threshold for the Volker rule should be raised.  He noted the Volcker rule and... Read more →

by   |   March 22, 2015

Endrud.Nate.web

CFTC to Shift Enforcement Actions to Administrative Courts

Banking, Derivatives, Energy, Litigation The CFTC plans to revive the use of administrative courts to bring enforcement actions for violations of the Commodity Exchange Act and CFTC regulations, according to recent... Read more →

by   |   March 21, 2015

shareholders

Issuers Omit Proposals From Proxy Statements

Public Companies and Securities As noted here, two issuers have omitted shareholder proposals from preliminary proxy statements where no-action letters from the SEC regarding omission of the proposals have been... Read more →

by   |   March 20, 2015

CFPB logo

CFPB to Allow Consumers to Voice Public Complaints About Financial Companies

Banking, Consumer Protection The CFPB is finalizing a policy to allow consumers to voice publicly their complaints about consumer financial products and services. When consumers submit a complaint to the... Read more →

by   |   March 19, 2015

governance

SEC Chair White Warns on Fee Shifting Bylaws

Litigation, M&A, Public Companies and Securities In remarks at a conference attended by M&A professionals, SEC Chair White gave her views on fee shifting bylaws.  Currently the SEC staff is focused on making sure the... Read more →

by   |   March 19, 2015

CFPB logo

CFPB Investigating Credit Card Market

Banking, Consumer Protection The CFPB announced it is seeking public comment on how the credit card market is functioning and the impact of credit card protections on consumers and issuers. This public... Read more →

by   |   March 17, 2015

whistleblower

2nd Circuit Upholds SEC’s Denial of Whistleblower Award

Employment, Litigation, Public Companies and Securities Larry Stryker petitioned the Second Circuit for review of an order of the SEC that denied his claim for a whistleblower award. He sought the award under Section 21F of the... Read more →

by   |   March 15, 2015

bad actor

SEC Issues Policy on Bad Actor Waivers

Litigation, Public Companies and Securities In an effort to quell internal (including outspoken SEC Commissioners) and external criticism, the SEC has published its policy on bad actor waivers. The policy looks fair on its... Read more →

by   |   March 14, 2015