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

Gensler States Foreign Banks Subject to CFTC Rules When Dealing With US Counterparties

Banking, Derivatives In remarks before the Institute of International Bankers on October 21, 2010, CFTC Chairman Gary Gensler addressed the question on whether a foreign bank can be regulated in the U.S. as a swap dealer when dealing with US counterparties.  According to Mr. Gensler, the answer is “Yes.”   Mr. Gensler stated the Dodd-Frank Act provides that […] Read more →

by   |   October 31, 2010

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ISS Likely to Favor Annual Say-On-Pay Vote

Public Companies and Securities ISS announced the opening of its annual comment period for its 2011 proxy voting policies. The comment period, part of ISS’ policy development process, offers institutional... Read more →

by   |   October 29, 2010

Sample Language for a Say-on-Pay Proposal

Executive Compensation, Public Companies and Securities The SEC’s rule proposal for say-on-pay makes it sound like it should be easy to draft.  The proposal states that issuers are not required to use any specific language or form... Read more →

by   |   October 28, 2010

FINRA Ups the Retail Customer Disclosure Ante

Broker-Dealer The Dodd-Frank Act clearly emphasized the need to clarify the ongoing confusion, especially in the eyes of the retail investing public, of the distinctions between broker-dealers... Read more →

by   |   October 28, 2010

CFTC Proposes Rules on Process for Review of Swaps for Mandatory Clearing

Derivatives Section 723(a)(3) of the Dodd-Frank Act amends the Commodity Exchange Act (“CEA”) to provide that “it shall be unlawful for any person to engage in a swap unless that person... Read more →

by   |   October 27, 2010

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SEC to Propose Whistleblower Rules November 3

Employment, Public Companies and Securities The SEC will hold an open meeting to consider the following items on November 3, 2010:  whether to propose rules and forms to implement Section 21F of the Securities Exchange Act... Read more →

by   |   October 27, 2010

Preliminary 2011 Proxy Season Checklist

Executive Compensation, Public Companies and Securities There is no doubt  there are a lot of  moving pieces for the upcoming year end SEC reporting cycle.  Unfortunately, planning cannot wait until everything comes to rest.  The... Read more →

by   |   October 26, 2010

Dodd-Frank May Be Difficult, But XBRL Might Be Harder

Public Companies and Securities On January 30, 2009, the SEC adopted rules which require public companies to publish their financial statements in an interactive format using the eXtensible Business Reporting... Read more →

by   |   October 24, 2010

Federal Reserve Report to Congress on Risk Retention

Banking As required by Section 941(c) of the Dodd–Frank Wall Street Reform and Consumer Protection Act, the Board of Governors of the Federal Reserve System  has conducted a study and... Read more →

by   |   October 23, 2010