The SEC Office of Compliance Inspections and Examinations identified compliance deficiencies and weaknesses observed in recent examinations of investment advisers managing private funds.

In a public statement, SEC Chief Accountant Sagar Teotia highlighted the importance of high-quality financial reporting during the COVID-19 pandemic.

The DOJ charged a Texas business owner for wire fraud, bank fraud and money laundering relating to his filing of fraudulent applications for Paycheck Protection Program loans.

The Federal Reserve Board, the FDIC, the OCC, the National Credit Union Administration and state financial regulators provided guidance to examiners for assessing the "safety and soundness" of a financial institution during the COVID-19 pandemic.

The CFTC adopted amendments to an NFA registration form for "associated persons of a registrant, floor broker, or floor trader, or to be listed as a principal of a registrant."