The CFPB proposed amendments to Truth in Lending regulations that address issues concerning the discontinuation of LIBOR as an index for variable-rate consumer credit products.
News & Insights
In a new FAQ, OFAC explained that it would not target persons in Iran manufacturing humanitarian goods, such as "medicines, medical devices, or products used for sanitation or hygiene" - provided that the products are solely for use in Iran and not exported.
The SEC awarded a record $50 million to a whistleblower for voluntarily providing information that led to a successful enforcement action.
The CFTC unanimously approved a final rule amendment to prevent certain bad actors from seeking exemptions from registration as CPOs.
The DOJ filed a $20 million civil forfeiture Complaint in the U.S. District Court for the District of Alaska alleging violations of the International Emergency and Economic Powers Act and Iranian Transactions and Sanction Regulations violations.