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 Warns Celebrities on Endorsing Initial Coin Offerings

Stacks of Coins

Public Companies and Securities The SEC issued a warning to celebrities and others that endorse initial coin offerings and other investments. The SEC noted: Any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in exchange for the promotion. A failure to disclose […] Read more →

by   |   November 1, 2017

Another Early Adopter Receives SEC Revenue Recognition Comments

Public Companies and Securities Cboe Global Markets, Inc. (f/k/a CBOE Holdings, Inc.) recently received comments on its Form 10-Q related to FASB’s new revenue recognition standard. The SEC comments were:... Read more →

by   |   October 27, 2017

ISS Seeks Comment on Updated Policies Including Gender Pay Gap

Employment, Executive Compensation, Public Companies and Securities ISS has made available for public comment certain proposed changes to ISS’ benchmark voting policies for 2018 that could generally become effective for the upcoming proxy... Read more →

by , and   |   October 27, 2017

It’s “Nasdaq”, not “NASDAQ”, According to Nasdaq

Public Companies and Securities Nasdaq has filed an immediately effective rule change with the SEC to reflect a corporate branding change to Nasdaq’s name. Specifically, current references in... Read more →

by   |   October 24, 2017

SEC Approves PCAOB’s Changes to Audit Reports

Public Companies and Securities The SEC has approved the Public Company Accounting Oversight Board’s (“PCAOB”) new standard for audit reports on public company financial statements. The new... Read more →

by , and   |   October 24, 2017

ISS Policy Application Survey Highlights Director Pay and Gender Pay Gap

Executive Compensation, Public Companies and Securities This year ISS conducted two surveys. One was a high-level survey covering a small number of fundamental and high-profile topics.  We reported the results here.  ISS has now... Read more →

by   |   October 19, 2017

NASDAQ Company Discusses Plan for Initial Coin Offering

Public Companies and Securities Social Reality, Inc. (NASDAQ:SRAX) discussed its plans for an initial coin offering with analysts on October 17, 2017. Its stock closed up 70% on the news. It works something like... Read more →

by   |   October 17, 2017

New SEC C&DIs on Non-GAAP Financial Measures for Business Combinations

M&A, Public Companies and Securities The SEC staff has issued two new Compliance and Disclosure Interpretations, or CD&Is, on non-GAAP financial measures in the context of business combinations. In the first... Read more →

by   |   October 17, 2017

SEC Fines Director $25,000 for Two Missed Section 16 Filings

Public Companies and Securities In a settled enforcement action, the SEC assessed a civil money penalty against a director of Medient Studios, Inc. for two missed Section 16 filings. But there was really only... Read more →

by   |   October 13, 2017