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 Sends Another Message on Section 16 Filings

enforcement

Litigation, Public Companies and Securities In connection with a partial settlement of alleged fraudulent activities, the SEC charged three directors of a company associated with the fraud, but who did not participate in the fraud,with failing to make Section 16 filings. Two of the directors, one of which is a former Governor of the State of New York, settled the […] Read more →

by   |   September 25, 2016

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OSHA Addresses Sarbanes-Oxley Whistleblower Releases

Employment, Litigation, Public Companies and Securities We have written about SEC enforcement actions related to severance and confidentiality agreements that restrict reporting matters to the SEC. OSHA has also issued guidance... Read more →

by   |   September 24, 2016

Scale and Gavel

SDNY Awards Front Pay in Sarbanes-Oxley Whistleblower Retaliation Case

Employment, Litigation, Public Companies and Securities Perez v. Progenics Pharmaceuticals, Inc., involved a case where Plaintiff Perez drafted a memo to Progenics’ general counsel and his department head, accusing Progenics of... Read more →

by   |   September 21, 2016

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SEC Suspends Regulation A+ Offering

Litigation, Public Companies and Securities In the first action of its kind, the SEC has temporarily suspended the Tier 2 Regulation A+ offering of Med-X, Inc. The $15 million continuous offering of common stock was... Read more →

by   |   September 16, 2016

CFTC logo4

CFTC Chief Supports Extension of Swap Dealer De Minimis Exemption

Derivatives Under current CFTC rules, market participants who exceed $8 billion in gross notional swap dealing activity over a twelve-month period are required to register with the CFTC as... Read more →

by   |   September 16, 2016

enforcement

SEC Charges Private Equity Advisor with Conflicts for Law Firm Discounts

Investment Advisers, M&A, Private Equity In a settled enforcement action, the SEC charged a private equity advisor, First Reserve Management, L.P., with conflicts of interest and other matters. First Reserve did not... Read more →

by   |   September 15, 2016

US Capitol Building

U.S. House of Representatives Pass the Accelerating Access to Capital Act

Public Companies and Securities Earlier today, the U.S. House of Representatives passed the Accelerating Access to Capital Act aimed at facilitating the formation of capital for U.S. small businesses.  The... Read more →

by   |   September 8, 2016

Minnesota

Common Deficiencies Noted in Exams of Minnesota Registered Investment Advisers

Investment Advisers The Minnesota Department of Commerce recently conducted a series of routine exams of investment adviser firms registered in Minnesota to analyze their compliance with certain... Read more →

by   |   September 8, 2016

CFPB Month in Review for August 2016

Banking, CFPB, Consumer Protection, Litigation In case you missed it, here is what the Consumer Financial Protection Bureau (CFPB) was up to over the last month: Enforcement Actions and Litigation Enforcement Action Against... Read more →

by   |   September 7, 2016