The CFTC warned of an increase in fraud targeting individuals who recently lost their jobs due to the coronavirus pandemic.
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SEC Commissioner Allison Herren Lee advised the SEC to extend comment deadlines and weigh enforcement actions carefully in light of the altered economic and social landscape.
SEC Commissioner Hester M. Peirce recommended modifying the regulatory framework for exempt securities offerings in order to help small businesses raise money.
The New York Attorney General proposed revisions to registration requirements in order to "streamline and enhance" supervision of the securities industry in New York.
The CFPB, Federal Reserve Board, FDIC, National Credit Union Administration and OCC clarified their compliance expectations for mortgage servicers on consumer communication requirements during the pandemic.