The SEC Division of Corporate Finance and Division of Investment Management updated guidance on conducting shareholder meetings during the COVID-19 pandemic.

The SEC adopted rule and form amendments to "modify the registration, communications, and offering processes” for business development companies (a type of closed-end investment company that is not registered) and registered closed-end investment companies.

Several congressional members urged Treasury Secretary Steven Mnuchin to address liquidity challenges facing mortgage servicers in order to prevent an "impending crisis" within the mortgage servicing sector.

The Federal Reserve Board amended a Consent Order with Wells Fargo in order to facilitate support for small businesses during the COVID-19 pandemic.

The SEC Division of Corporation Finance issued a new Compliance and Disclosure Interpretation that clarifies relief provided to registrants from filing deadline requirements.