The Alternative Reference Rates Committee set forth key objectives for 2020 in order to support the voluntary use of the Secured Overnight Financing Rate and the transition away from LIBOR.

The Federal Reserve Bank of New York issued a series of FAQs concerning the implementation of the Primary Market Corporate Credit Facility and the Secondary Market Corporate Credit Facility.

FINRA Head of Enforcement Jessica Hopper warned firms to scrutinize broker requests "to be named a customer’s beneficiary, executor or trustee or to hold a power of attorney for a customer."

OFAC urged persons subject to U.S. sanctions, including financial institutions and other businesses, to notify OFAC of any anticipated delays in meeting certain regulatory reporting deadlines due to COVID-19.

Three investment advisers settled separate charges with the SEC after self-reporting certain failures to disclose conflicts of interest that were the focus of the SEC Enforcement Division's Share Class Selection Disclosure Initiative.