The SEC opened a new comment period on a proposal to adopt a voluntary three-year pilot program to allow broker-dealers to conduct annual office inspections remotely.
News & Insights
The Federal Reserve Board, CFPB, FDIC, OCC, National Credit Union Administration and state financial regulators alerted mortgage servicers that they will resume their respective pre-pandemic supervisory and enforcement approaches towards noncompliance with mortgage-servicing rules.
In the latest update on its COVID-19 Response website, the SEC stated that it will remain in "full telework posture with limited exceptions" until at least January 3, 2022.
In the latest update on the SEC COVID-19 Response website, the agency stated that it will remain in "full telework posture with limited exceptions" until at least November 1, 2021.
In an enforcement compliance bulletin, the CFPB warned it will hold credit rating agencies accountable for compliance failures with respect to "accuracy and dispute obligations" concerning rental information under the Fair Credit Reporting Act and Regulation V.