SEC Acting Chair Allison Herren Lee directed the SEC Division of Corporation Finance to review and update its 2010 guidance on climate change-related disclosure in public company filings.
A gas exploration company and its former CEO settled SEC charges for failing to disclose certain related person transactions and perquisites as part of the CEO's compensation.
The SEC issued an award of more than $9.2 million to a whistleblower who provided original information to the SEC that led to two successful related actions by the DOJ.
In a new report, SIFMA continued to object to a FINRA-proposed amendment that would hold industry members liable for a Consolidated Audit Trail system breach.
IOSCO reviewed its Sustainable Finance Task Force disclosure recommendations and proposed next steps "to improve the consistency, comparability, and reliability of sustainability reporting, with an initial focus on climate change-related risks and opportunities."
The U.S. House Financial Services Subcommittee on Oversight and Investigations considered proposed legislation that would bolster the CFPB's enforcement against discrimination by lenders.
The CFPB stated that it expects to delay the July 1, 2021 mandatory compliance date of the General Qualified Mortgage Rule and is considering whether to revoke or amend the "Seasoned QM" Final Rule.
A firm settled FINRA charges for introducing representatives the firm was recruiting to a third-party vendor so as to obtain customer nonpublic personal information, in violation of the privacy policies of the representatives' previous employers.
A broker-dealer settled FINRA charges for failing to establish controls and supervisory procedures reasonably designed to ensure compliance with the Market Access Rule.
SIFMA, the American Bankers Association and the Financial Services Forum urged the Federal Reserve Board to extend a temporary interim final rule amending the Supplementary Leverage Ratio.
In a speech on the digital economy, SEC Commissioner Hester M. Peirce emphasized both the constancy of the regulatory mission of the agency and the need for regulators to adapt their rules, and even their attitudes, so that investors can benefit from the improvements.
A New York State Department of Financial Services investigation found that Facebook routinely obtained sensitive data that was collected through consumers' use of third-party applications.
The Congressional Research Service considered the application of the Congressional Review Act "lookback" provisions to final rules adopted in the last months of the Trump administration.
An online virtual currency trading platform entered into a settlement agreement with the Attorney General of the State of New York for misrepresenting the company's losses and falsely claiming that the currency was backed by the U.S. dollar.
The Small Business Administration made targeted changes to the Paycheck Protection Program to promote access for women-owned and minority-owned businesses and underserved communities.
The CFPB and state attorneys general of New York, Massachusetts and Virginia jointly sued a company and its owners for alleged predatory lending practices that primarily targeted non-English speaking immigrants.
Citing the July 2020 results of a Survey of Household Economics and Decisionmaking, Federal Reserve Board Governor Michelle W. Bowman described the uneven economic recovery from the COVID-19 pandemic.
The Federal Reserve Board adopted a final rule that expands the number of financial institutions that fall under the "netting" provisions of the Federal Deposit Insurance Corporation Improvement Act of 1991.
Federal Reserve Board Governor Lael Brainard described challenges and solutions for incorporating climate-related risk assessments into supervisory frameworks.
The SEC and the New York Attorney General charged a digital asset trading company and its CEO with executing an unregistered, unexempt securities offering.
