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

NJ Supreme Court Clarifies Standard for Member Expulsion under LLC Act

Private Equity, Uncategorized One of the features of the Revised Uniform Limited Liability Company Act (RULLCA) that has been adopted in Minnesota and many other states is that it allows for an LLC to expel a member by judicial order under certain circumstances. One of the triggers for expulsion requires a finding by the court that it is […] Read more →

by   |   February 14, 2017

OCIE Issues Alert on the Five Most Frequent Compliance Topics Identified in Examinations of Investment Advisers

Investment Advisers, Private Equity The SEC’s Office of Compliance Inspections and Examinations, or OCIE, has published a list of the five compliance topics most frequently identified in deficiency letters... Read more →

by   |   February 8, 2017

Trump’s 2 for 1 Regulatory Reduction Challenged in Court

Litigation, Trump President Donald Trump’s Executive Order requiring two regulations be repealed for every new one adopted and related OMB guidance have been challenged in a law suit... Read more →

by   |   February 8, 2017

SEC to Reconsider Implementation of Pay Ratio Rule

Employment, Executive Compensation, Public Companies and Securities Following on the heels of its announcement to reconsider implementation of the conflict minerals rule, SEC Acting Chairman Michael S. Piwowar has announced his intention to... Read more →

by   |   February 6, 2017

OMB Provides Guidance on Trump’s 2 for 1 Regulatory Cuts

Trump OMB’s Office of Information and Regulatory Affairs has provided interim guidance on the requirements in Section 2, “Regulatory Cap for Fiscal Year 2017,” of the... Read more →

by   |   February 6, 2017

US Capitol Building

What’s Next Under the Congressional Review Act?

Energy, Trump As we reported, the House and Senate have passed a joint resolution under the Congressional Review Act disapproving the SEC Resource Extraction Rule and that President Trump was... Read more →

by   |   February 4, 2017

Trump Requires DOL to Reevaluate the Fiduciary Rule

Broker-Dealer, Investment Advisers, Trump Under current law, stockbrokers are only required to recommend suitable investments to their clients. The Department of Labor has issued a so called “fiduciary rule”... Read more →

by   |   February 3, 2017

Executive Order on Dodd-Frank Rollback

Trump President Trump has signed an executive order titled “Presidential Executive Order on Core Principles for Regulating the United States Financial System.“ The... Read more →

by   |   February 3, 2017

SEC Resource Extraction Rule to be Eliminated Under Congressional Review Act

Public Companies and Securities As we previously noted, the House was set to vote on the disapproval of the SEC Resource Extraction Rule under the Congressional Review Act. The joint resolution passed the House... Read more →

by   |   February 3, 2017