A reverse mortgage lender settled CFPB charges for sending advertisements to senior citizens that misrepresented the costs and risks associated with the lender's loans.
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At an ISDA Derivatives Forum, SEC Commissioner Hester Peirce cautioned against "build[ing] a neat set of [environmental, social and governance metrics] that then get incorporated into a whole array of financial transactions."
SIFMA, the Investment Company Institute and the DTCC outlined their planned collaborative effort to accelerate the U.S. securities settlement cycle from T+2 to T+1.
The CFPB delayed the compliance date for an amendment to the definition of the General Qualified Mortgage category under the Truth in Lending Act.
OFAC amended and reissued Somalia Sanctions Regulations in their entirety.