Weekly Regulatory Deadlines | December 11 to December 17
Registration and Compliance Requirements for Commodity Pool Operators and Commodity Trading Advisors: Registered Investment Companies, Business Development Companies, and Definition of Reporting Person
CFTC | Securities | Final Rule
Bankers Are Playing With Fire, Once Again
Yahoo Finance 12/16/2019
As 2019 draws to a close, there’s more than a whiff of banking deregulation in the air. The U.S. has relaxed its lender stress tests and made it easier again for Wall Street to trade using its own funds. In Europe, capital requirements are being softened...
NCUA a day late and a dollar short after delaying capital rule
American Banker 12/17/2019
It's long past time for the National Credit Union Administration to implement a risk-based capital standard, and the recently approved delay could hurt more than it helps...
Rise of fintech spurs surge in loans to underserved groups: Better.com
National Mortgage News 12/17/2019
Better.com saw huge growth in mortgages to traditionally underserved customer bases in 2019 and believes digital applications led to the avoidance of discriminatory lending...
It Isn’t Just Uber: California Prepares for New Gig Worker Rules…and Confusion
The Wall Street Journal: US Business 12/17/2019
Dump-truck driver Thang Nguyen thought he was planning ahead earlier this year when he spent more than $200,000 on a new vehicle to comply with California’s strict emission standards. Now he is worried a new state law will make it difficult to find enough work to afford the repayments on the truck...
SEC Is Expected to Propose Further Loosening of Auditor Independence Rules
The Wall Street Journal: US Business 12/16/2019
The U.S. Securities and Exchange Commission’s planned changes to auditor independence rules would give firms more discretion in assessing conflicts of interest in their relationships with companies they audit, people familiar with the matter say...