184 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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26 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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62 new Proposed and Final Rules were published in the past 7 days

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1993 new docs in pro.compliance.ai within the last 7 days

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Introducing new content from WesPay

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General Provisions; Electric Bicycles

NPS | Deposits | Final Rule

Regulatory Notice 20-19 FINRA and ISG Announce the Update of Blue Sheet Data Elements and Repositioning of Exchange Code Field Effective Date: Updates to Requestor and Exchange Codes are Effective Immediately; Reposition Exchange Code Field by November 30, 2020

FINRA | Securities | Notices

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

DOJ Releases Cryptocurrency Guidance and Enforcement Framework (Part I of II)

DOJ Releases Cryptocurrency Guidance and Enforcement Framework (Part I of II)
Corruption, Crime & Compliance 11/02/2020
Earlier this month, the Department of Justice (“DOJ”), through its Cyber Digital Task Force (hereinafter the “Task Force”), published its 83-page crypto guidance report titled “Cryptocurrency: An Enforcement Framework.”…
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Mortgage Originations Drive Top 10 Credit Union Growth

Mortgage Originations Drive Top 10 Credit Union Growth
Credit Union Times 11/04/2020
The nation’s 10 largest credit unions increased loan production in the third quarter by 16.5% from a year earlier, with most of the gain coming from residential real estate…
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Likely defeat of California’s Prop. 21 a win for commercial lenders

Likely defeat of California’s Prop. 21 a win for commercial lenders
National Mortgage News 11/04/2020
With the majority of election results in, the Golden State’s ballot measure to expand rent control, Proposition 21, looks as though it will not pass, leaving commercial financing entities to claim victory over one of the two state ballot measures they opposed in the state…
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What debt collectors can and can't do under CFPB rule

What debt collectors can and can’t do under CFPB rule
American Banker 10/30/2020
The Consumer Financial Protection Bureau released a final debt collection rule on Friday that restricts how often collectors can call borrowers to seven calls per week but for the first time allows communications by voice mail, email and text messages…
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Securities Litigation Implications Of COVID-19 Impairments
Law360: Securities 11/03/2020
Thus far in 2020, six banks wrote down $6.3 billion of goodwill in the first quarter,[1] and Baker Hughes Inc. disclosed a $15 billion goodwill impairment in April…
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