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

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SEC enforcements decreased 119% over the past 30 days

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SEC issued enforcements: $59,971,440.07 over the past 30 days

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59 Final Rules go into effect in the next 30 days

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28 Mortgage Lending docs published in the last 7 days

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210 docs with 2467 extracted obligations from the last 7 days

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

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1926 new docs in pro.compliance.ai within the last 7 days

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Introducing new content from WesPay

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Rescission of Effective-Upon-Filing Procedure for NMS Plan Fee Amendments and Modified Procedures for Proposed NMS Plans and Plan Amendments

SEC | Securities | Final Rule

Update of Statistical Disclosures for Bank and Savings and Loan Registrants

SEC | Deposits, Securities | Final Rule

Capital Requirements of Swap Dealers and Major Swap Participants

CFTC | Securities | Final Rule

Exemptions From the Proxy Rules for Proxy Voting Advice

SEC | Securities | Final Rule

Covered Broker-Dealer Provisions Under Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act

SEC FDIC | Broker-Dealer, Securities | Final Rule

Digital Banking Transformation Begins With Quality Data1

Digital Banking Transformation Begins With Quality Data
The Financial Brand 10/26/2020
Data is at the core of digital customer experiences, but many financial institutions cannot access good quality information in real-time…
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OCC clarifies who is 'true lender' in bank-nonbank partnerships

OCC clarifies who is ‘true lender’ in bank-nonbank partnerships
American Banker 10/27/2020
The Office of the Comptroller of the Currency finalized its “true lender” rule Tuesday, capping the agency’s effort to address uncertainty about bank partnerships with nonbank financial institutions…
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CFPB Fines 9th lender for mileading VA marketing practices

CFPB fines ninth lender for misleading VA marketing practices
National Mortgage News 10/27/2020
The Consumer Financial Protection Bureau has wrapped up a series of enforcements actions regarding deceptive mortgage mortgage advertisements sent to military personnel and veterans, bringing in $4.4 million in penalties…
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Why the Best GDP Report Ever Wont Mean the Economy has Healed

Why the Best G.D.P. Report Ever Won’t Mean the Economy Has Healed
The New York Times 10/27/2020
The United States almost certainly just experienced its fastest three months of economic growth on record. That doesn’t mean the economy is strong…
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The slowing decline of forbearances reflects an uneven recovery
National Mortgage News 10/26/2020
After back-to-back weeks of steep declines, mortgages entering coronavirus-related forbearance only inched down 2 basis points between Oct. 12 and 18, according to the Mortgage Bankers Association…
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