FINRA proposed a rule change that would allow member firms to complete their inspection obligations remotely through calendar year 2021.

The Federal Reserve Board, the FDIC and the OCC encouraged banks to begin transitioning loans away from LIBOR "without delay," and reiterated that they are not endorsing a specific replacement rate for LIBOR for loans.

In a newly issued FAQ, SEC staff clarified business, legal proceedings, and risk factor disclosures under recently adopted amendments to public company reporting requirements.

SEC Commissioner Allison Herren Lee advocated for greater public company disclosure, financial firm reporting and regulatory oversight on environmental, social and governance factors.