The Securities and Exchange Commission (“SEC”) adopted new rules on July 26, 2023, to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and incidents by public companies.
...more
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have successfully defended their respective valid-when-made rules. On February 8, 2022, Judge Jeffry S. White, U.S....more
On July 20, the Department of the Treasury published a Notice and Request for Information (“RFI”) seeking comment on various aspects of online marketplace lending, including –
- the business models and products offered...more
7/22/2015
/ Automotive Loans ,
Bank Secrecy Act ,
Banking Sector ,
Banks ,
BSA/AML ,
Cloud Computing ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Privacy ,
Debt Collection ,
Department of Justice (DOJ) ,
FDIC ,
FHFA ,
Financial Crimes ,
Financial Institutions ,
HUD ,
Lending ,
Midland Funding ,
National Bank Act ,
OCC ,
Online Marketplace Lending ,
Payday Loans ,
Preemption ,
Regulatory Standards ,
Risk Retention ,
RMBS ,
U.S. Treasury ,
Usury
On August 27, 2014, the Securities and Exchange Commission unanimously voted to adopt a package of new and amended rules governing the registration, offering process, disclosure and reporting for SEC registered asset-backed...more
On August 27, 2014, the SEC adopted a number of new rules and amendments designed to improve the quality of credit ratings and increase credit rating agency accountability in accordance with the Dodd-Frank Act.
The...more
On August 28, 2013, six federal agencies1 jointly re-proposed rules to implement the credit risk retention requirements of Section 15G of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which was added...more