News & Commentary on Financial Regulatory and Compliance Matters
11th Circuit
11th Circuit Answers When Would-Be ‘Customers’ May Bring a FINRA Arbitration Against FINRA Members and Associated PersonsFDCPA – 11TH Circuit: Kinlock v. Wells Fargo Bank – Post-Foreclosure Offers of Financial Assistance to Defaulted Borrower Not Violative of FDCPA/Florida Consumer Collection Protection Act Anti-Money Laundering
Expansive New Bank Secrecy Act, Sanctions Whistleblower Program: Department of Commerce InsightsFinCEN Proposes Rule on Access to Beneficial Ownership InformationDanske Bank Pleads Guilty, Agrees to Pay More Than $2 Billion in Coordinated Resolution of Investigations into Fraud Related to Its Anti-Money Laundering Controls Bankruptcy
Are Syndicated Term Loans Securities Under Reves v. Ernst & Young? 2nd Circuit Solicits SEC ViewsThe 2023 Banking Crisis: Updated Questions & Answers for Insured and Uninsured Depositors, Other Affected PartiesThe 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected Parties Banks
Are Syndicated Term Loans Securities Under Reves v. Ernst & Young? 2nd Circuit Solicits SEC ViewsThe 2023 Banking Crisis: Updated Questions & Answers for Insured and Uninsured Depositors, Other Affected PartiesThe 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected Parties Blockchain Technology Task Force
Crypto Exchange Bittrex Settles $53 Million in Fines with Treasury Department for Sanctions, Anti-Money-Laundering ViolationsFlorida Gov. Signs Bill that Defines ‘Virtual Currency’ and Eases Licensing Restrictions on Certain Virtual Currency Transactions in the StateFinCEN Proposes to Extend Recordkeeping, Reporting, and Identity Verification Requirements to Certain Virtual Currency and Digital Asset Transactions convertible virtual currency
Florida Gov. Signs Bill that Defines ‘Virtual Currency’ and Eases Licensing Restrictions on Certain Virtual Currency Transactions in the StateFinCEN Proposes to Extend Recordkeeping, Reporting, and Identity Verification Requirements to Certain Virtual Currency and Digital Asset TransactionsSEC Issues No-Action Letter Facilitating the Secondary Trading of Digital Assets Events
Webinar – Aug. 20: LIBOR Phaseout - Preparing for the Beginning of the EndGreenberg Traurig’s Nanette Aguirre to Speak at Florida Alternative Investment Association Global Macro Perspective 2018Greenberg Traurig Shareholders Jennifer Weddle and Gil Rudolph to Speak at 2017 Tribal Financial Regulators Conference FDIC
The 2023 Banking Crisis: Guidance for Private Investors Seeking to Acquire or Invest in Assets of Failed Insured Depository InstitutionsThe 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected PartiesCFPB Issues Report on Unlawful ‘Junk Fees’ Uncovered in Deposit Accounts, Multiple Loan Servicing Markets Financial Crimes Enforcement Network
FinCEN Proposes Rule on Access to Beneficial Ownership InformationBeneficial Ownership Reporting Requirements: FinCEN Issues Final Rule for Implementation of Corporate Transparency ActCrypto Exchange Bittrex Settles $53 Million in Fines with Treasury Department for Sanctions, Anti-Money-Laundering Violations Mortgage
CFPB Issues Report on Unlawful ‘Junk Fees’ Uncovered in Deposit Accounts, Multiple Loan Servicing MarketsCFPB Metrics Report Shows Increased Scrutiny of Borrower Access to Servicers, Information, and Loss Mitigation OpportunitiesCFPB Expands Anti-Discrimination by Applying UDAAP to Credit and Non-credit Products Office of the Comptroller of the Currency
Federal Reserve, FDIC, and OCC Issue 2nd Joint Statement Highlighting Liquidity Risks to Banks Engaged in Crypto-Asset-Related ActivitiesFederal Reserve, FDIC, and OCC Issue the First Joint Statement on Crypto-Asset Risks to Banking OrganizationsUS Federal Banking Regulators Release Joint Statement on ‘Crypto-Asset Policy Sprint Initiative’ Risk Management
The 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected PartiesFederal Reserve, FDIC, and OCC Issue the First Joint Statement on Crypto-Asset Risks to Banking OrganizationsCFPB to Examine Nonbank Financial Companies – Including Fintechs – that Pose Risk to Consumers U.S. Financial Market
SEC Seeks to Expand ‘Dealer’ or ‘Government Securities Dealer’ Definition to Require Additional Firms to Register with Agency and Comply with Federal Securities RegulationsSEC Proposes Rule Changes to Mutual Fund and Exchange Traded Fund DisclosuresInteragency Guidance for Financial Institutions on Coronavirus Disease-Related Loan Modifications Uncategorized
Crypto Exchange Bittrex Settles $53 Million in Fines with Treasury Department for Sanctions, Anti-Money-Laundering ViolationsSEC Passes Long-Awaited New Rule 6c-11 to Modernize Regulation of ETFsProve It or Lose It! Parts I and II: Unexplained Wealth Orders and Civil Recovery Orders in the United Kingdom white collar
Expansive New Bank Secrecy Act, Sanctions Whistleblower Program: Department of Commerce InsightsENABLERS Act Proposes to Expand Definition of ‘Financial Institution’; Impose BSA/AML Requirements on Professional Service ProvidersFinCEN Proposes Rule on Beneficial Ownership Reporting Under Corporate Transparency Act
