The Federal Reserve Board provided a three-month extension for its COVID-19 related lending facilities scheduled to "expire on or around" September 30, 2020.
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Technical corrections to an SEC final rule and form amendments affecting business development companies (each, a type of closed-end investment company that is not registered, or "BDC") and registered closed-end investment companies were published in the Federal Register.
The SEC Division of Corporation Finance granted no-action relief to allow an Indian company to hold a tender offer open for only 10 business days in accordance with Indian law.
A broker-dealer settled FINRA charges for over-tendering shares into a partial tender offer.
The CFPB intends to issue a proposed rulemaking this year on "consumer-authorized access to financial records."