Securities and White Collar Litigation Alert: Dodd-Frank's Impact on Securities Litigation and Enforcement

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"), one of the most wide-ranging legislative efforts at financial reform since the Great Depression, is expected to be signed into law by President Obama this week. While much of the Act focuses on significant financial regulatory measures, it also contains a number of procedural and substantive provisions that impact securities litigation and enforcement. The changes in the law will give the SEC, as well as injured private parties, additional tools for enforcing the securities laws and seeking remedies. See attached alert for further information.