Stinson Leonard Street 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

CFPB Releases Compliance Bulletin Related to Consumer Authorizations for Preauthorized Electronic Fund Transfers

Banking, CFPB, Consumer Protection, Litigation On November 23, 2015, the Consumer Financial Protection Bureau (CFPB) issued CFPB Compliance Bulletin 2015-06 to provide companies with guidance related to their obligations under the Electronic Fund Transfer Act (EFTA) and Regulation E, when obtaining consumer authorizations for preauthorized electronic fund transfers (EFTs) from a consumer’s account. EFTA Background The purpose of the EFTA […] Read more →

by   |   November 29, 2015

House of Representatives Issues Report Blasting CFPB on the Heels of House Vote to Repeal CFPB’s Auto Lending Guidance

Banking, CFPB, Consumer Protection, Litigation On November 24, 2015, Republican members of the House of Representatives’ Financial Services Committee issued a report titled Unsafe at Any Bureaucracy: CFPB Junk Science and... Read more →

by   |   November 29, 2015


Delaware Addresses Exclusive Representations, Integration and Exclusive Remedies Provisions

Litigation, M&A, Private Equity In Prairie Capital III, L.P. v. Double E Holding Corp. the Delaware Court of Chancery examined exclusive representations and integration clauses, omissions and exclusive remedies... Read more →

by   |   November 28, 2015

bank pic

Agencies Update Volcker Rule FAQs (November 2015)

Banking Two new Volcker Rule FAQs has been issued.  The first addresses an issue where a banking entity terminates a market-making business that it conducted as a Volcker Rule permitted... Read more →

by   |   November 27, 2015

job creation just ahead

Crowdfunders and Crowdfunding Service Providers Beware

Broker-Dealer, Crowdfunding, Litigation, Public Companies and Securities If you are planning to move into the crowdfunding consulting or platform area make sure you are familiar with the SEC broker-dealer rules, which require registration before... Read more →

by   |   November 26, 2015

hedge fund

SEC Nabs Private Equity Sponsor for Conflicting Investments

Investment Advisers, Litigation, Private Equity JH Partners, LLC, a private equity sponsor, recently agreed to settle SEC charges.  According to the SEC the proceedings arose from negligent breaches of fiduciary duty by JHP,... Read more →

by   |   November 25, 2015

CFPB Releases Monthly Consumer Complaint Report for October 2015

Banking, CFPB, Consumer Protection, Litigation On November 24, 2015, the Consumer Financial Protection Bureau (CFPB) released its latest Monthly Complaint Report for October 2015, which provides an overview of three-month... Read more →

by   |   November 24, 2015


ISS Updates Equity Plan Scorecard and Governance QuickScore

Executive Compensation, Public Companies and Securities ISS has issued a series of 26 FAQs on its Equity Plan Scorecard, or EPSC.  The basic EPSC policy has not changed, but effective for meetings as of Feb. 1, 2016, the FAQs state... Read more →

by   |   November 23, 2015

CFPB Takes Action Against Online Lender Integrity Advance, LLC

Banking, CFPB, Consumer Protection, Litigation On November 18, 2015, the Consumer Financial Protection Bureau (“CFPB”) announced that it initiated an administrative proceeding against online lender Integrity Advance, LLC,... Read more →

by   |   November 22, 2015