Dodd-Frank Act

The "Dodd-Frank Wall Street Reform and Consumer Protection Act" is an historic piece of legislation that will impact a wide variety of our clients.

While many of the substantive changes included in the legislation will be left to regulatory agencies for implementation, and although the legislation mandates studies over the next several months and beyond by various regulatory agencies with regard to many areas covered by the act, Dodd-Frank will affect our clients' financing and business decisions immediately.

Alerts and Materials

Several of our colleagues are preparing alerts on portions of the bill relating to their specific areas of practice. These alerts and other materials related to Dodd-Frank will be posted here as they are produced.

• Implementation of the Volcker Rule Provisions Affecting Private Fund Sponsorship and Ownership
• CFTC Issues Final Whistleblower Rules Under Dodd-Frank: Incentives and Protections
• Dodd-Frank's SEC Whistleblower Rules Take Effect
• Final Rules Affecting Private Fund Advisers Adopted Under the Dodd-Frank Act
• SEC Issues Final Whistleblower Rules under Dodd-Frank: Incentives and Protections
• Dodd-Frank Implementation Update
• SEC Adopts Dodd-Frank Implementing Regulations Covering Representations, Warranties and Repurchases and Pool Asset Reviews
• ERISA Plans and Proposed CFTC Regulations Under Dodd-Frank Alert
• SEC Proposes Rules Exempting Certain Private Fund Advisers from Investment Adviser Registration
• FDIC Final Rule for "Safe Harbor" Protection
• 144A Transactions: Proposed SEC Reg AB II
• Derivatives Regulation Reform Affecting Governmental Entities
• Credit Rating Agency Provisions with Comments on Application to Public Finance
• Securities Litigation Risks For Public Companies
• Relating to Corporate Governance, Executive Compensation and Disclosure
• Private Fund Investment Advisers Registration Act Provisions
• Credit Rating Agency Provisions
• Securitization Provisions
• Municipal Securities
• Whistleblower Provisions
• Wall Street Transparency and Accountability

SEC Developments

On July 27, the SEC announced that it will accept comments on the relevant provisions of the Dodd-Frank Act at this time, before the agency even proposes its regulatory reform rules and amendments. This new process is intended to provide expanded opportunity for public comment and greater transparency and accountability.

• Access the new SEC Compliance and Disclosure Interpretations
• SEC release regarding comments