The Federal Reserve Board, FDIC and OCC adopted two interim final rules which the community bank leverage ratio to provide temporary relief under the CARES Act.

NFA amended communication requirements to allow certain CTAs to make non-public, one-on-one presentations on past performances to eligible contract participants.

The SEC proposed a regulatory framework for fund valuation practices which clarifies how a fund's Board of Directors can satisfy obligations concerning fair value determination.

A Federal Reserve Board interim final rule modifying the Paycheck Protection Program under the Small Business Act was published in the Federal Register.

The SEC identified risks to be considered by market participants recommending or making investments in emerging markets.