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

Enforcement Sweep Snares Issuers for Paid Stock Promotions

Litigation, Public Companies and Securities The SEC announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they were reading independent, unbiased analyses on investing websites while writers were being secretly compensated for touting company stocks. The SEC filed fraud charges against three public companies and seven stock promotion or […] Read more →

by   |   April 10, 2017

SEC Staff Relaxes Conflict Minerals Reporting

Public Companies and Securities Effective immediately, the SEC staff has relaxed conflict minerals reporting requirements by public companies. The change was triggered by the entry of a final judgment in the... Read more →

by   |   April 7, 2017

Equity Grants to Directors Subject to Business Judgment Review as a Result of Specific Plan Limits

Employment, Executive Compensation, Litigation, Public Companies and Securities The Delaware Court of Chancery examined equity grants to directors in In Re Investors Bancorp, Inc. Stockholder Litigation.  The equity incentive plan, or EIP, at issue included... Read more →

by   |   April 5, 2017

Court Enters Final Judgment in Conflict Minerals Case

Public Companies and Securities The United States District Court for the District of Columbia has entered a final judgment in the conflict minerals case. The final judgment is identical to the proposed judgment... Read more →

by   |   April 3, 2017

Stockholder Vote Fails Corwin Test

M&A In Re Saba Software, Inc. Stockholder Litigation considered whether a stockholder vote satisfied the Corwin test for a full informed, uncoerced vote to determine if the shift to... Read more →

by   |   April 2, 2017

Read the New Rules before You Make Your Next SEC Filing

Public Companies and Securities The SEC has issued final rules that reflect self-executing provisions of the JOBS Act. Because they were self-executing provisions of the JOBS Act, they do not change existing... Read more →

by   |   April 1, 2017

CFTC Initiates Project KISS

Derivatives In remarks at a conference, CFTC Acting Chairman J. Christopher Giancarlo announced the CFTC’s intent to comply with an Executive Order which requires each agency to... Read more →

by   |   March 31, 2017

Press Releases Sink Private Offering

Litigation, Public Companies and Securities The opinion of the SEC in KCD Financial Inc. upholds a FINRA disciplinary action against a FINRA member broker-dealer that sold securities in a private placement when no exemption... Read more →

by   |   March 29, 2017

SEC Denies Listing of another Bitcoin Fund; Petition for Review Filed for Winklevoss Bitcoin Trust

Uncategorized The SEC has denied a proposed rule change by NYSE Arca to permit the listing and trading of shares of the SolidX Bitcoin Trust. The reasons were substantially similar to the... Read more →

by   |   March 28, 2017