SBA expands availability of PPP loans. CFPB and states sue company for predatory practices targeting immigrants. Firm settles FINRA charges for failing to maintain minimum net capital. FRB Governor describes uneven economic recovery.

FRB expands "Netting" protection eligibility for financial institutions. FRB governor describes progress in developing climate-related risk framework. SEC and New York Attorney General charge digital asset trading company with registration violations. SEC awards $3 million to two whistleblowers. Broker-Dealer settles FINRA charges for customer notification and supervisory failures. MSRB extends date for compliance with primary offering disclosure form. FINRA reports GASB accounting support fee for 2021.

House Financial Services Committee hears testimony from key players in GameStop trading event. U.S. Climate Finance Working Group recommends "Pragmatic Approach" to sustainable low-carbon economy. MSRB reminds dealers of upcoming compliance date for underwriting disclosure obligations. Digital currency processing company settles OFAC charges for multiple sanctions violations. SEC permits filing extension for certain broker-dealers. OCC names two Deputy Comptrollers for large bank supervision.

ISDA CEO urges further standardization for trade reporting. FDIC amends assessment regulations on deposit Insurance. IOSCO reviews effect of COVID-19 government support measures on credit ratings. FRB extends PPP exception for bank executives, directors and principal shareholders. SEC charges credit ratings agency with disclosure and internal controls violations. CRS reviews CFPB qualified mortgage rule.

Cadwalader Memo: Gamestop: Regulators Should Focus Less on “Solving the Problem”; More on “Improving the Situation”. SEC Commissioners disagree with Acting Chair's decision to discontinue contingent settlement offers. Department of State revokes designation of Ansarallah as foreign terrorist organization. Senate Republicans oppose Nasdaq diversity proposal. Broker-Dealer settles FINRA charges for AML surveillance system deficiencies.

SEC ends practice of considering settlement offers made contingent on related waiver requests. Biden administration presses pause on WeChat and TikTok appeals. Biden administration imposes sanctions on leaders of military coup in Burma. FRB and OCC provide large bank stress test scenarios. MSRB retires outdated interpretive guidance. DOL class exemption for investment advice fiduciaries goes into effect.

FINRA reminds firms to strengthen fraud detection and prevention systems. Treasury roundtable focuses on responsible and equitable innovation. OCC releases LIBOR preparedness self-assessment tool. SEC alerts investors to day trading margin rules. Banking agencies set effective date for net stable funding ratio requirement. Effective date set for CFTC amendments to Audit Trail, Financial Resources and CCO requirements. Effective Date set for CFTC swap trade execution requirement exemptions.

NYDFS to credit banks that finance "Climate Resiliency" projects in LMI communities. SEC Acting Chair delegates issuance of formal order of investigation to senior officials. Federal Reserve extends PPP exception for certain loans to bank officers, directors and shareholders. Firm settles FINRA charges for suitability violations. Broker-Dealer settles FINRA charges for inaccurate trade reporting. Effective date set for FRB to lower reserve requirement ratios to zero.

SEC publishes sample letter to companies raising capital during periods of extreme price volatility. FIA highlights preferred priorities for Biden administration. NFA reminds firms of regulatory obligations based on common exam deficiencies. Securities agencies raise awareness regarding social isolation and risk of investment fraud.

New York State proposes billionaire Mark to Market Tax Act. CRS explores effect of regulatory freeze on publication of "Fair Access" Rule. FTC finalizes 2021 thresholds for merger filings.