191 Enforcement Actions in the U.S. over past 30 days

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FTC enforcements increased 4% over the past 30 days

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SEC issued enforcements: $45,971,340.93 over the past 30 days

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62 Final Rules go into effect in the next 30 days

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23 Mortgage Lending docs published in the last 7 days

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427 docs with 4647 extracted obligations from the last 7 days

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67 new Proposed and Final Rules were published in the past 7 days

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1706 new docs in pro.compliance.ai within the last 7 days

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Introducing new content from WesPay

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Banks Can’t Do Social Distancing

Banks Can’t Do Social Distancing

Source: The Wall Street Journal

Cross-Border Application of Certain Security-Based Swap Requirements

SEC | Securities | Final Rule

Labor Organization Annual Financial Reports For Trusts in Which a Labor Organization is Interested, Form T-1

LMSO | Insurance | Final Rule

Risk Mitigation Techniques for Uncleared Security-Based Swaps

BIS | FCPA/ABAC | Final Rule

Standard Approach for Calculating the Exposure Amount of Derivative Contracts

OCC FDIC FRS | Deposits| Final Rule

Regulatory Capital Treatment for High Volatility Commercial Real Estate (HVCRE)

OCC FDIC FRS | Lending, Mortgage Lending | Final Rule

Banks Can’t Do Social Distancing

Banks Can’t Do Social Distancing
The Wall Street Journal 03/17/2020
The current situation may not be a financial crisis, but banks are now at the center of whatever it is…
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Romney Calls For Cash Stimulus To Ease Financial Pressure From Coronavirus

Romney Calls For Cash Stimulus To Ease Financial Pressure From Coronavirus
PYMNTS.com 03/17/2020
To help reduce the financial pressure of the COVID-19 pandemic, U.S. Senator Mitt Romney is advocating for the idea of providing each adult in the U.S. with $1,000. The idea surfaced as Congress and the White House are working to reach a deal on stimulus actions to keep the emerging economic crisis under control…
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SEC, NYSE Urge Open Markets As COVID-19 Spurs Telework

SEC, NYSE Urge Open Markets As COVID-19 Spurs Telework
Law360 03/17/2020
U.S. regulators and stock exchanges, while widely transitioning their staffs to remote work during COVID-19’s spread, advocated on Monday for financial markets to stay open despite mounting recession fears…
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What else can the Fed do to blunt coronavirus impact

What else can the Fed do to blunt coronavirus impact?
The Wall Street Journal: US Business 03/10/2020
The Federal Reserve made clear Tuesday that it was willing to go further than cutting interest rates to mitigate the economic fallout from the coronavirus…
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ACA International asks CFPB to extend comment period for supplemental debt collection proposal
Consumer Finance Monitor 03/17/2020
In light of the disruption caused by the COVID-19 pandemic, ACA International has asked the CFPB for a 30-day extension of the deadline for filing comments on its supplemental debt collection proposal…
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