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

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 issuer’s securities without, in most cases, simultaneous public disclosure. For many good reasons, public companies generally prohibit disclosure of material non-public information to anyone not subject to a confidentiality... 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

New House Bill to Broaden Availability of Regulation A

Public Companies and Securities The House of Representatives has overwhelmingly approved legislation to expand the pool of issuers who may rely on the SEC’s Regulation A rules for smaller exempt offerings.... Read more →

by   |   September 11, 2017

New York City Comptroller Launches Campaign for Corporate Board Diversity, Independence, and Climate Expertise

Public Companies and Securities New York City Comptroller Scott M. Stringer and the New York City Pension Funds launched the “Boardroom Accountability Project 2.0.” The campaign seeks to make corporate... Read more →

by   |   September 8, 2017

Duka Beats Fraud Charge in SEC Administrative Court

Litigation Barbara Duka was an employee of Standard & Poor’s Ratings Services. The SEC contended that Duka loosened S&P’s methodology for rating commercial mortgage-backed... Read more →

by   |   August 31, 2017

NYSE Proposes to Amend Material News Policy Again

Public Companies and Securities In 2015 the NYSE amended its policy with respect to material news releases. One of the amendments was to include advisory text in Section 202.06 of the Listed Companies Manual... Read more →

by   |   August 30, 2017

Preliminary Planning for the 2018 Proxy Season

Public Companies and Securities For those who want to start preparing for the 2018 proxy season, our preliminary list of important considerations is set forth below: Directors’ and Officers’ Questionnaires... Read more →

by , , and   |   August 29, 2017

SEC logo

SEC Inspector General Concludes Acting Chairman Piwowar’s Actions Were Lawful

Public Companies and Securities In an investigation conducted at the request of four Senators, the SEC Inspector General concluded “we do not find that Commissioner Piwowar’s actions as Acting Chairman... Read more →

by   |   August 25, 2017

SEC Staff Updates Revenue Recognition Guidance for New Standard

Public Companies and Securities The SEC’s Office of the Chief Accountant and Division of Corporation Finance released Staff Accounting Bulletin (SAB) No. 116 that brings existing SEC staff guidance into... Read more →

by   |   August 19, 2017