The CFTC Division of Swap Dealer and Intermediary Oversight provided temporary exemptive relief to non-U.S. introducing brokers that temporarily fail to register with the CFTC.
The Congressional Research Service addressed whether individuals enrolled in Social Security and supplemental security income services will receive recovery rebates under the Coronavirus Aid, Relief and Economic Security Act.
The Federal Reserve Board delayed the effective date of its final rule revising the control framework under the Bank Holding Company Act and the Home Owners' Loan Act.
The New York State Department of Financial Services provided temporary relief to consumers and businesses from making premium payments to life insurance companies, property and casualty insurers, and premium finance agencies.
The SEC Division of Corporation Finance issued two new Compliance and Disclosure Interpretations that clarify recent Exchange Act reporting extensions.
Cadwalader published a series of Corporate Disclosure and Regulation S-K Topic Pages designed to help SEC-registered issuers, lawyers and compliance professionals with ready access to relevant regulatory information.
The Basel Committee Group of Central Bank Governors and Heads of Supervision delayed the implementation dates for Basel III to allow banks to focus on "immediate financial stability priorities" during the COVID-19 pandemic.
An SEC Order providing temporary exemptive relief for certain investment funds and advisers from filing requirements and in-person board meeting requirements was published in the Federal Register.
The North American Securities Administrators Association created an online repository of regulatory updates issued as a result of the COVID-19 outbreak.
The SEC adopted a temporary final rule to provide certain relief relating to Form ID Notarizations, Regulation A and Regulation Crowdfunding requirements, and Form MA filings.
The U.S. District Court for the Southern District of New York issued an injunction against a digital coin distributor for an unregistered offering of securities.
Industry associations urged the Basel Committee on Bank Supervision and IOSCO to publicly recommend an extension of the implementation deadlines for the Phase 5 and Phase 6 initial margin requirements for uncleared derivatives.
NFA provided regulatory relief to independent introducing brokers by extending the deadlines for filing financial reports. The relief was extended to address compliance issues caused by COVID-19.
