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

More on the SEC’s Prior Proxy Access Proposal

Public Companies and Securities Jill covered some of the basic points of the SEC’s prior proposal on proxy access here.  My recollection is  the proposal received a record number of comments from the public.  To some, the proposal was highly controversial, and to others the proposal just did not work well.  The only thing we can predict with accuracy […] Read more →

by   |   August 11, 2010

Stacks of Coins

Treasury Official Discusses Path Forward on Financial Reform

Banking Michael Barr, Treasury Assistant Secretary for Financial Institutions, outlined the path forward for implementing the Dodd-Frank Act on August 10, 2010.  Mr. Barr noted the... Read more →

by   |   August 11, 2010

Review of SEC’s Prior Proxy Access Proposal

Public Companies and Securities Section 971 of the Dodd-Frank Act provides that the SEC may prescribe rules that permit shareholders to include nominees for election as directors in proxy statements and... Read more →

by   |   August 10, 2010

Stacks of Coins

FDIC Creates Office of Complex Financial Institutions

Banking The FDIC Board of Directors today approved the creation of a new Office of Complex Financial Institutions (CFI) and Division of Depositor and Consumer Protection (DCP) to help... Read more →

by   |   August 10, 2010

Say on Pay and Broker Non-Votes

Executive Compensation, Public Companies and Securities The Dodd-Frank Act expands the areas in which brokers are prohibited from voting unless they have received specific client instructions.  Section 957 of the Act amends the... Read more →

by   |   August 10, 2010

What Does a Clawback Policy Look Like?

Employment, Executive Compensation, Public Companies and Securities   Section 954 of the Dodd_Frank Act requires national securities exchanges (meaning for instance, the NYSE, Amex and Nasdaq) to adopt rules as directed by the SEC, which rules... Read more →

by   |   August 9, 2010

SEC logo

Record Keeping Requirements for Advisers to Private Funds

Private Equity The Dodd-Frank Wall Street Reform and Consumer Protection Act requires certain investment advisers to “private funds” to maintain certain records and file reports with the SEC... Read more →

by and   |   August 8, 2010

A Compensation Plan That Didn’t Work

Banking, Employment, Executive Compensation, Public Companies and Securities HP’s Chief Executive Officer, Mark Hurd, resigned after an investigation disclosed that Hurd had a “close personal relationship” with an H-P contractor hired by the... Read more →

by   |   August 7, 2010

Dodd-Frank: Disclosure of Median Comp – of What Utility?

Executive Compensation, Public Companies and Securities I have been thinking about the new Dodd-Frank requirement for public companies to report the ratio of the median annual total compensation of all the company’s employees (other... Read more →

by   |   August 6, 2010