Weekly Regulatory Deadlines | April 01 to April 07
Assessment of Fees on Certain Bank Holding Companies and Nonbank Financial Companies Supervised by the Federal Reserve Board To Cover the Expenses of the Financial Research Fund
TREAS | Deposits, Securities | Final Rule
FinCEN Reminds FIs To Watch For Fraud During COVID-19 Crisis
Three weeks after the Financial Crimes Enforcement Network (FinCEN) issued guidance to financial institutions (FIs) on COVID-19, the division of the U.S. Department of the Treasury is reminding lenders to be on the lookout for fraud as the coronavirus grips the nation...
Wall Street jumps at open on coronavirus slowdown hopes
U.S. stocks jumped at the opening bell on Tuesday, as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures were working...
Plus500 revenue soars nearly 500% as volatility fuels boom in bets
Financial Times 04/07/2020
Turbulent markets triggered by coronavirus pandemic boost activity for online trading platform...
The Fed’s Intervention Is Widening the Gap Between Market Haves and Have-Nots
The Wall Street Journal 04/07/2020
In the quest to find markets that look like they will weather an impending economic downturn, many investors are turning to the Federal Reserve...
Regulatory and litigation risks to consumer financial services providers highlighted in Ballard Spahr webinar on COVID-19 crisis fallout
Consumer Finance Monitor 04/07/2020
Our webinar yesterday, “Consumer Financial Regulatory and Litigation Fallout from the COVID-19 Crisis,” in which we were joined by special guest speakers Richard Cordray, former CFPB Director, and John Roddy, Partner at Bailey & Glasser and prominent plaintiffs’ class action lawyer, highlighted the regulatory and litigation risks the crisis is expected to create for members of the consumer financial services industry...