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 Official Explains When Tokens and Coins are Securities

Stacks of Coins

Public Companies and Securities William Hinman, Director, SEC Division of Corporation Finance, gave his personal views on when tokens and coins, which he referred to as digital assets, are securities and when they are not. Mr. Hinman framed the question as follows: A digital asset that was originally offered in a securities offering likely cannot be later sold in […] Read more →

by   |   June 14, 2018

House Subcommittee Reviews Legislation that would Fundamentally Alter Securities Litigation

Litigation, Public Companies and Securities The House Subcommittee on Capital Markets, Securities, and Investments held a hearing which reviewed two pieces of legislation that have been introduced: H.R. 2128, the “Due... Read more →

by   |   June 13, 2018

SEC Commissioner Believes Rule 10b-18 should not be Available if Executives are Selling

Executive Compensation, Public Companies and Securities SEC Commissioner Robert J. Jackson Jr. recently gave his views on stock buybacks.  Much of the speech focused on Rule 10b-18 which is used by public companies when conducting... Read more →

by   |   June 11, 2018

Minnesota Revises Business Organization Statutes

Public Companies and Securities Minnesota Governor Mark Dayton has signed into law revisions to several Minnesota business organization statutes including the Minnesota Business Corporation Act, the Minnesota... Read more →

by and   |   June 4, 2018

SEC Charges 13 Private Fund Advisers for Failure to File Form PF

Litigation, Private Equity The SEC announced settlements with 13 registered private fund investment advisers who repeatedly failed to provide required information that the agency uses to monitor risk. In... Read more →

by   |   June 2, 2018

US Capitol Building

Dodd-Frank Rollback Requires Changes to Regulation A+ and Rule 701

Public Companies and Securities The Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), which is primarily aimed at easing regulations on community banks, also contains provisions designed... Read more →

by   |   May 24, 2018

SEC Issues FAQs on Compensation Plan Proposals Included in Proxy Statements

Employment, Executive Compensation, Public Companies and Securities The SEC has issued a series of frequently asked questions, which in SEC speak are referred to as Compliance and Disclosures Interpretations (or C&DIs for short), on proxy... Read more →

by   |   May 11, 2018

Longfin, Rule 144 and Affiliate Status

Litigation, Public Companies and Securities The United States District Court for the Southern District of New York recently issued an opinion granting a preliminary injunction with respect to alleged Section 5 violations by... Read more →

by   |   May 3, 2018

SEC Proposed Interpretive Guidance for Investment Advisers: Implications for Private Equity

Investment Advisers, M&A The SEC’s recent proposed guidance for investment advisers has implications for private equity sponsors.  Perhaps the most important part of the guidance for private equity... Read more →

by   |   April 29, 2018