Commentary by Daniel Meade
The FDIC launched a new Mission-Driven Bank Fund that will support insured Minority Depository Institutions and Community Development Financial Institutions by directing private capital investment into them to, in turn, allow them to further benefit the minority, lower income and rural communities they serve.
The SEC and an unnamed agency awarded $114 million to two whistleblowers who provided original information that led to the successful enforcement of three related actions.
An FTC final rule amending requirements that allow a consumer to prohibit the use of certain information obtained from affiliates for customer solicitation was published in the Federal Register.
The FTC approved eight new compulsory process resolutions intended to improve the efficiency of the agency's enforcement efforts.
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.