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 Seeks Public Comment Regarding Private Rights of Action for Transnational Securities Fraud

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Litigation, Public Companies and Securities In Morrison v. National Australia Bank, the Supreme Court limited the extraterritorial scope of  Section 10(b) of the Securities and Exchange Act of 1934 by holding that the antifraud provision only applies to domestically listed security transactions.  130 S. Ct. 2869, 2884 (2010). Notwithstanding this decision, the Securities and Exchange Commission,  pursuant to its rulemaking […] Read more →

by   |   November 17, 2010

CFTC Proposes Rules on Registration of Swap Dealers and Major Swap Participants and Requests Comment on Extraterritorial Reach of Registration Requirements

Derivatives The CFTC has proposed rules on the registration of swap dealers and major swap participants.  The Dodd-Frank Act requires all swap dealers and major swap participants to be... Read more →

by   |   November 17, 2010

CFTC Proposes Rules on Conflicts of Interest Policies and Procedures by Swap Dealers and Major Swap Participants

Derivatives The Commodity Futures Trading Commission, or CFTC, has proposed rules to implement new statutory provisions enacted by Title VII of the Dodd-Frank Wall Street Reform and Consumer... Read more →

by   |   November 16, 2010

US Capitol Building

CFTC Proposes Rules Establishing Duties of Swap Dealers and Major Swap Participants

Derivatives The Commodity Futures Trading, or CFTC, has proposed regulations to implement new statutory provisions enacted by Title VII of the Dodd-Frank Wall Street Reform and Consumer... Read more →

by   |   November 16, 2010

CFTC Publishes Whistleblower Proposal—Double Jeopardy for SEC Registrants?

Banking, Derivatives, Energy, Public Companies and Securities The CFTC has published its proposed whistleblower rules.  In a keynote address to the Practising Law Institute’s Securities Regulation Institute on November 11, 2010, CFTC... Read more →

by   |   November 15, 2010

CFTC to Consider Real-Time Public Reporting of Swap Transaction Data Nov. 19

Banking, Derivatives, Energy, Public Companies and Securities The Commodity Futures Trading Commission, or CFTC, will hold a public meeting on Friday, November 19, 2010, to consider the issuance of proposed rulemakings under the Dodd-Frank... Read more →

by   |   November 14, 2010

Stacks of Coins

Notice Requirements for Noninterest-bearing Transaction Accounts

Banking A final rule imposes three notice and disclosure requirements to ensure that Insured Depository Institutions, or IDIs, and depositors are aware of and understand the types of... Read more →

by   |   November 14, 2010

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SEC Meeting to Address Investment Advisers Rules on Nov. 19

Derivatives, Private Equity, Public Companies and Securities The Securities and Exchange Commission will hold an open meeting on November 19, 2010.  The subject matter of the open meeting will be:  The SEC will consider whether to propose... Read more →

by   |   November 12, 2010

FINRA to SEC: “No Need to Reinvent the Wheel”

Broker-Dealer Not surprisingly, FINRA strongly supports the creation of a new self-regulatory organization to enhance the frequency of examinations of investment advisers – one based on... Read more →

by   |   November 11, 2010