In a partially redacted Order in a "Supervisory Designation Proceeding," the CFPB determined that it has supervisory authority over an installment lender after concluding that the lender met the legal standard for supervision under the Consumer Financial Protection Act.
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The NFA submitted to the CFTC proposed changes to compliance rules, bylaws and interpretive guidance related to Member Questionnaires requirements.
U.S. Senators John Hickenlooper (D-CO) and Thom Tillis (R-NC) introduced a bipartisan bill that would require the SEC to propose rules allowing regulated entities to deliver regulatory documents to investors using electronic delivery.
FinCEN updated its list of Financial Action Task Force identified jurisdictions found to have strategic AML/CFT deficiencies.
U.S. President Joseph R. Biden issued an Executive Order authorizing the Attorney General to take actions to prevent the transfer of Americans’ personal data to countries of concern.