FINRA reorganized its Market Regulation and Transparency Services into distinct functional areas "rather than around specific rules or products."
News & Insights
The CFPB reviewed federal student loan servicing practices since required repayments have resumed.
The CFPB warned student loan servicers against attempting to collect on private student loans that had been discharged in bankruptcy.
The DOL Employee Benefits Security Administration reopened the comment period for proposed amendments to a prohibited transaction exemption that would clarify the circumstances under which relief may be provided for misconduct that is self-corrected under the DOL's Voluntary Fiduciary Correction Program.
Senator Pat J. Toomey (R-PA) and Senator Bill Hagerty (R-TN) introduced the CFPB Stability Act, a bill that would change the composition of the agency and subject it to the regular congressional appropriations process.