Weekly Regulatory Deadlines | July 22 to July 29

Can fintechs help plug banking gaps for struggling Black consumers.

Employment Contracts, Mutual to Stock Conversions

FEMA | Mortgage Lending, Insurance | Notice

Securities Offering Reform for Closed-End Investment Companies

OCC | Debt Collection | Final Rule

Remittance Transfers Under the Electronic Fund Transfer Act (Regulation E)

CFPB | Deposits, Payments | Final Rule

Proposed Flood Hazard Determinations

FEMA | Mortgage Lending | Notice

60-Day Notice of Proposed Information Collection: Mortgage Record Change; OMB Control No.: 2502-0422

HUD | Mortgage Lending | Notice

Can fintechs help plug banking gaps for struggling Black consumers.

US regulator fines Citadel Securities over trading breach
American Banker 07/27/2020
A handful of fintechs are attempting to tackle a problem that has existed for years and been exacerbated by the coronavirus pandemic — many Black Americans are underbanked...
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CFPB

CFPB requests input on creating inclusive fair credit environment
BankersOnline.com 07/29/2020
The CFPB has issued a request for information to seek public input on how best to create a regulatory environment that expands access to credit and ensures that all consumers and communities are protected from discrimination in all aspects of a credit transaction...
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Michigan online bar exam temporarily taken down by 'sophisticated' cyberattack

Michigan online bar exam temporarily taken down by 'sophisticated' cyberattack
The Hill: Cybersecurity 07/28/2020
The online Michigan bar exam was targeted by a “sophisticated” cyberattack that temporarily took down the test, the vendor offering the online exam said Tuesday...
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Co-Conspirator In Co-Working Ponzi Scheme Gets 4 Years
Law360: Securities 07/28/2020
A British citizen who aided in a ploy to defraud hundreds of investors out of $40 million by invoking a trendy co-working start-up was handed a four-year prison sentence on Monday in New York federal court...
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Battle Over SEC's Proxy Regs May Not Be Finished
Law360: Securities 07/28/2020
The U.S. Securities and Exchange Commission's new rules applying oversight of proxy advisory firms contain more wiggle room than the agency's original proposal...
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