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

Supreme Court Finds Appointment of SEC ALJs Unconstitutional – What’s Next?

Litigation, Public Companies and Securities In Lucia v. Securities and Exchange Commission, the SEC brought an administrative action before one of its administrative law judges, or ALJ’s, against Raymond Lucia for allegedly using misleading slide presentations to deceive prospective investors using a retirement savings strategy called “Buckets of Money.”  The ALJ that adjudicated the case issued an initial decision finding... Read more →

by   |   June 24, 2018

SEC Comments Begin on First Quarter Revenue Recognition Disclosures

Public Companies and Securities Many public companies became subject to the new revenue recognition rules when they filed their first quarter Form 10-Qs in 2018. It appears the SEC may not have wasted any time... Read more →

by   |   June 18, 2018

Stacks of Coins

SEC Official Explains When Tokens and Coins are Securities

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... 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