Stinson Leonard Street 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

Examples of 2019 Pay Ratio Disclosures

Employment, Executive Compensation, Public Companies and Securities Set forth below are examples of pay ratio disclosures from recently filed proxies where registrants chose to rely on the median employee identified in the prior year. Sabre Corporation In accordance with Item 402(u), we are using the same “median employee” identified in 2017 in our 2018 pay ratio calculation, as we believe that there […] Read more →

by   |   March 10, 2019

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SEC Proposes to Expand “Test-the-Waters” Communications to all Issuers

Public Companies and Securities The SEC has proposed new rules that would permit all issuers to solicit investor views about potential offerings to be taken into account at an earlier stage in the process than... Read more →

by and   |   February 19, 2019

Nasdaq Clarifies and Amends Rules for Direct Listings

Public Companies and Securities Nasdaq has filed an immediately effective rule proposal that clarifies and amends Nasdaq rules that permit a direct listing without an IPO.  A December 22,2017,  Wall Street... Read more →

by   |   February 17, 2019

FASB Issues Proposal on Recognizing and Measuring Deferred Revenue in Business Combinations

M&A The Financial Accounting Standards Board issued a proposed Accounting Standards Update on the recognition and measurement of deferred revenue in business combinations. The... Read more →

by   |   February 15, 2019

Crypto Mom Warns SEC of Over Expansive Definition of Howey in Token Offerings

Blockchain Technology, Crowdfunding, Public Companies and Securities SEC Commissioner Hester M. Peirce was awarded the nick name “Crypto Mom” by digital asset aficionados in a previous speech encouraging forward thinking by the SEC in the... Read more →

by   |   February 12, 2019

No Action Relief Prompts Clarification from SEC Chair on Mandatory Arbitration

Public Companies and Securities In a novel sequence of events, SEC Chair Jay Clayton issued a statement on February 11, 2019 expressing the Commission’s non-view on mandatory shareholder arbitration... Read more →

by   |   February 12, 2019

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SEC Provides Guidance on Diversity Disclosures

Public Companies and Securities In two new Compliance and Disclosure Interpretations (Questions 116.11 and 133.13), the SEC staff provided guidance on disclosure of self-identified specific diversity... Read more →

by   |   February 6, 2019

SEC Wants to Monitor Blockchain

Blockchain Technology The SEC is conducting market research to determine the availability and technical capability of large and small businesses to provide blockchain data to support the SEC’s... Read more →

by   |   February 4, 2019

SEC Says Disclosing Material Internal Control Weaknesses is not a Substitute for Maintaining Internal Controls

Litigation, Public Companies and Securities The SEC announced settled charges against four public companies for failing to maintain internal control over financial reporting, or ICFR, for seven to 10 consecutive annual... Read more →

by   |   January 29, 2019