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 Issues Guidance on Pay Ratio Rule

Executive Compensation, Public Companies and Securities Two major pieces of guidance emerged from the SEC on September 21, 2017, with respect to the pay ratio rule. First, the Commission issued interpretive guidance on the rule.  Second, the Division of Corporation Finance also issued its own guidance.  The Division also updated previously issued Compliance and Disclosure Interpretations, which are referred to as […] Read more →

by   |   September 21, 2017

SEC Charges Platinum Equity for Misallocation of Broken Deal Expenses

M&A, Private Equity The SEC announced a settled action against Beverly Hills-based investment adviser, Platinum Equity Advisors, LLC, for charging three of its private equity fund clients with about... Read more →

by   |   September 21, 2017

CFTC Files Its First Anti-Fraud Enforcement Action Involving Bitcoin

Litigation The CFTC filed a federal civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Nicholas Gelfman, of Brooklyn, New York, and... Read more →

by   |   September 21, 2017

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SEC Chair Clayton’s Statement on Cybersecurity: EDGAR Was Hacked

Public Companies and Securities SEC Chairman Jay Clayton today issued an unusual statement highlighting the importance of cybersecurity to the agency and market participants, and detailing the agency’s... Read more →

by   |   September 20, 2017

Effect of the New Revenue Recognition Standard on M&A

M&A FASB’s new revenue recognition standard is expected to have wide ranging effects on M&A transactions. The new revenue recognition standard under GAAP (Accounting... Read more →

by , and   |   September 16, 2017

IG Evaluates SEC’s Disclosure Review and Comment Process

Public Companies and Securities The Office of the Inspector General has issued an evaluation of the Division of Corporation Finance’s disclosure review and comment process. The report begins with a... Read more →

by   |   September 15, 2017

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SEC Identifies Most Frequent Compliance Issues Associated with Advertising by Investment Advisers

Investment Advisers, Private Equity The SEC’s Office of Compliance Inspections and Examinations has provided a list of compliance issues relating to Rule 206(4)-1, which is referred to as the Advertising Rule,... Read more →

by   |   September 14, 2017

MSRB Warns Municipalities, Underwriters and Municipal Advisors about Selective Disclosure

Municipal Advisors Regulation FD prohibits public companies from disclosing material nonpublic information to designated classes of persons such as securities professionals and holders of the... Read more →

by   |   September 13, 2017

Stacks of Coins

SEC Chief Accountant Speaks to Financial Statement Requirements for Initial Coin Offerings

Blockchain Technology, Public Companies and Securities SEC Chief Accountant Wesley R. Bricker recently gave remarks at the AICPA National Conference on Banks & Savings Institutions. Mr. Bricker spoke to the adoption of... Read more →

by   |   September 11, 2017