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 Initiates Enforcement Action for Failure to Present GAAP with Equal or Greater Prominence

Litigation, Public Companies and Securities The SEC brought a settled enforcement action against ADT Inc. because it did not afford equal or greater prominence to comparable GAAP financial measures in two of its earnings releases containing non-GAAP financial measures – ADT’s Q4 2017 and Fiscal Year 2017 Earnings Release dated and furnished to the Commission on March 15, 2018 (the […] Read more →

by   |   January 1, 2019

SEC Finalizes Dodd-Frank Hedging Rules

Public Companies and Securities On December 18, 2018, the SEC approved final rules on hedging that require companies to disclose practices or policies related to the ability of employees or directors to engage... Read more →

by   |   December 19, 2018

The First CAM

Public Companies and Securities The first CAM I am aware of is in this SEC filing: Critical Audit Matter The critical audit matter communicated below is a matter arising from the current period audit of the... Read more →

by   |   December 11, 2018

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SEC Brings Enforcement Action for Failure to Verify Accredited Investor Status

Litigation, Public Companies and Securities CoinAlpha Advisors LLC was formed for the purpose of investing in digital assets. From October 2017 through May 2018 CoinAlpha raised approximately $600,000 from 22 investors,... Read more →

by   |   December 8, 2018

Stacks of Coins

Court Refuses to Issue Preliminary Injunction to Halt Initial Coin Offering

Litigation, Public Companies and Securities, Uncategorized In SEC v. Blockvest, LLC, the United States District Court for the Southern District of California examined the SEC’s argument for a preliminary injunction halting an initial... Read more →

by   |   December 2, 2018

Failure to Provide Audited Financial Statements Precludes Reliance on Corwin

M&A, Private Equity, Public Companies and Securities In Re Tangoe, Inc. Stockholders Litigation was one of those situations where everything that could go wrong did.  According to the Plaintiff, the Tangoe directors breached their... Read more →

by   |   November 24, 2018

ISS Publishes Preliminary 2019 Compensation FAQs

Employment, Executive Compensation, Public Companies and Securities ISS has published preliminary frequently asked questions related to compensation policies for 2019. Some key observations are noted below. Will any of the quantitative... Read more →

by   |   November 21, 2018

ISS Announces 2019 Policy Uodates

Public Companies and Securities ISS has released updates to its 2019 benchmark proxy voting policies.  There is no impact for the upcoming 2019 proxy season for U.S. companies. Board Gender Diversity ISS has... Read more →

by   |   November 19, 2018

Stacks of Coins

SEC Tells How to Fix the Faulty Initial Coin Offering

Litigation, Public Companies and Securities The SEC simultaneously announced a pair of settled enforcement actions related to illegally offered ICOs with extensive remedial provisions to fix the faulty offerings. You can... Read more →

by   |   November 17, 2018