FINANCIAL REGULATORY
RESPONSE TO COVID-19
At Mayer Brown, we are dedicated to serving our clients, particularly in times of crisis. We are interacting with regulators and key industry participants to monitor critical ongoing developments in the financial services industry. The coronavirus disease 2019 (COVID-19) pandemic has impacted the financial services industry on a global scale. New challenges present themselves daily and require creative solutions. Industry-wide, firms and regulators are working to adjust to pandemic conditions and the attendant challenges. We have designed this page to serve as a central hub for available guidance as financial regulators grapple with the complex and novel challenges presented by COVID-19 and to offer guidance and relief to financial services firms and other industry participants.
Mayer Brown was actively involved in each stage of the Government’s market stabilization strategy during the 2008 financial crisis. We helped clients navigate a plethora of government assistance programs intended to provide support to the troubled financial services sector. Many of these programs are being replicated in connection with the economic crisis caused by COVID-19.
In particular, we were at the forefront of the U.S. Federal Reserve’s Term Asset-Backed Securities Loan Facility (TALF) in 2008 and 2009, during which time we not only led more TALF deals than any other law firm, but also:
- represented the Securities Industry and Financial Markets Association (SIFMA) and another leading structured finance industry group in preparing the industry form of customer agreement and related documentation between the primary dealers and TALF borrowers.
- prepared the form of customer agreement and related documentation and negotiated those forms on behalf of ten of the primary dealers participating in the TALF program, and also assisted dealers in updating TALF documentation to cover legacy CMBS.
- assisted industry groups, such as the Independent Mortgage Servicers Coalition (IMSC) in expanding TALF asset eligibility to include servicing advances.
- counseled on the creation and formation of several TALF investment funds.
- helped our clients work with the Fed to modify TALF rules, including representing a large finance company to obtain TALF eligibility for asset-backed notes issued by a “mixed inventory” floorplan master trust that also includes some receivables arising under asset-based lending facilities and loans secured by accounts receivable.
Mayer Brown also represented Citigroup and Morgan Stanley in the creation of Straight-A Funding, the $60 billion asset-backed commercial paper vehicle that saved the student loan industry during the 2008 financial crisis and enabled students to finance the 2009-2010 academic year when government guaranteed student loan backed ABS could not be sold.
As the Dodd-Frank Act was proceeding through Congress we advised on many aspects of that legislation, including new capital requirements, new disclosure obligations and what became the Volcker Rule. When Dodd Frank was enacted into law we advised a wide range of financial services firms on its implementation. In addition we participated in industry working groups and drafted comment letters on a wide range of Dodd Frank regulations and when the regulations were finalized we advised clients on compliance issues. This deep experience makes us uniquely qualified to lead our clients through the current crisis and advise on the Federal Reserve’s new liquidity programs.
We have assembled a team of finance and regulatory experts to help our clients navigate these regulations and the new credit facilities made available pursuant to these measures. Meet our COVID-19 Finance team.
Finance Services Regulatory & Enforcement Attorneys
Structured Finance Attorneys
Leveraged Finance Attorneys
On this page, we provide a comprehensive repository of information on the regulatory response to COVID-19 and its effects on the financial services.
| 1. | Financial Industry Regulatory Authority (FINRA) Resources | |
| (a) | SR-FINRA-2020-022 Proposed Rule Change to Further Extend the Expiration Date of the Temporary Amendments Set Forth in SR-FINRA-2020-015 | 27 July 2020 |
| (b) | SR-FINRA-2020-019 Proposed Rule Change to Temporarily Extend the Time to Complete Office Inspections under FINRA Rule 3110 (Supervision) | 19 June 2020 |
| (c) | Regulatory Notice 20-16 FINRA Shares Practices Implemented by Firms to Transition to, and Supervise in, a Remote Work Environment During the COVID-19 Pandemic | 28 May 2020 |
| (d) | How to Protect Yourself and Your Firm From Cyberattacks When Working From Home During COVID-19 | 19 May 2020 |
| (e) | SR-FINRA-2020-015 Proposed Rule Change to Temporarily Amend Certain Timing, Method of Service and Other Procedural Requirements in FINRA Rules During the Outbreak of the Coronavirus Disease (COVID-19) | 8 May 2020 |
| (f) | Regulatory Notice 20-13 FINRA Reminds Firms to Beware of Fraud During the Coronavirus (COVID-19) Pandemic | 5 May 2020 |
| (g) | Market Structure & COVID-19: Handling Increased Volatility and Volumes | 28 April 2020 |
| (h) | Information Notice: Cybersecurity Alert: Measures to Consider as Firms Respond to the Coronavirus Pandemic (COVID-19) | 26 March 2020 |
| (i) | Frequently Asked Questions Related to Regulatory Relief Due to the Coronavirus Pandemic | 18 March 2020 |
| (j) | Uniform Practice Advisory 06-20: Pandemic-Related Guidance in Connection with Company-Related Action Submissions | 12 March 2020 |
| (k) | Regulatory Notice 20-08: Pandemic-Related Business Continuity Planning, Guidance and Regulatory Relief | 9 March 2020 |
| 5. | Commodity Futures Trading Commission (CFTC) Resources | |
| (a) | COVID-19 Related Relief – providing links to pdf versions of all CFTC letters granting temporary relief for designated market participants in response to the COVID-19 pandemic: | |
| (i) | CFTC Letter No. 20-20: Further Extension of Relief Provided in Letter 20-16. (Exp. Sept. 30, 2020) | 14 July 2020 |
| (ii) | Interim Final Rule Voting Draft: Further Extension of Relief for Margin Requirements for Uncleared Swaps | 28 May 2020 |
| (iii) | CFTC Letter No. 20-16: Temporary Relief for Persons Required to Submit Fingerprints in Connection with Applying for Registration as an Associated Person or Being Listed as a Principal of a Registrant | 24 April 2020 |
| (iv) | CFTC Letter No. 20-15: Temporary Relief for Futures Commission Merchants and Introducing Brokers to Address Net Capital Treatment of Covered Loans under the CARES Act | 23 April 2020 |
| (v) | CFTC Letter No. 20-12: Temporary Relief for Foreign Brokers Exempt Pursuant to Commission Regulation 30.5 to Handle U.S. Futures Market Orders | 31 March 2020 |
| (vi) | CFTC Letter No. 20-11: Temporary Relief for Commodity Pool Operators | 20 March 2020 |
| (vii) | CFTC Letter No. 20-10: Temporary Relief for an Insured Depository Institution Permitting Certain Commodity Swaps to be Excluded in the Major Swap Participant Registration Threshold Calculation | 20 March 2020 |
| (viii) | Final Rule: Extension of Relief for Initial Margin Requirements for Uncleared Swaps (85 FR 19878) | 18 March 2020 |
| (ix) | CFTC Letter No. 20-09: Temporary Relief for Designated Contract Markets | 17 March 2020 |
| (x) | CFTC Letter No. 20-08: Temporary Relief for Swap Execution Facilities | 17 March 2020 |
| (xi) | CFTC Letter No. 20-07: Temporary Relief for Swap Execution Facilities | 17 March 2020 |
| (xii) | CFTC Letter No. 20-06: Temporary Relief for Swap Dealers | 17 March 2020 |
| (xiii) | CFTC Letter No. 20-05: Temporary Relief for Retail Foreign Exchange Dealers | 17 March 2020 |
| (xiv) | CFTC Letter No. 20-04: Temporary Relief for Floor Brokers | 17 March 2020 |
| (xv) | CFTC Letter No. 20-03: Temporary Relief for Futures Commission Merchants and Introducing Brokers | 17 March 2020 |
| (xvi) | CFTC Letter No. 20-02: Temporary Relief for Members of Designated Contract Markets and Swap Execution Facilities | 17 March 2020 |
| 6. | Department of Justice (DOJ) Resources | |
| (a) | Merger Review Process Changes | 17 March 2020 |
| 7. | Federal Trade Commission (FTC) Resources | |
| (a) | International Competition Network Statement Regarding COVID-19 Pandemic | 9 April 2020 |
| (b) | Antitrust review at the FTC: staying the course during uncertain times | 6 April 2020 |
| (c) | FTC to Resume Processing HSR Early Termination Requests on March 30 | 27 March 2020 |
| (d) | Federal Trade Commission and Justice Department Announce Expedited Antitrust Procedure and Guidance for Coronavirus Public Health Efforts | 24 March 2020 |
| (e) | Agency Response to Coronavirus Challenges | 17 March 2020 |
| (f) | COVID-19 – Guidance for Filing Parties | 17 March 2020 |
| (g) | Premerger Notification Office Implements Temporary e-Filing System | 13 March 2020 |
Thought Leadership – Additional Resources
Mayer Brown attorneys have written numerous Legal Updates, describing various aspects of the U.S. federal response to the COVID-19 virus. These resources include the following recent publications:
- COVID-19 US Insurance Regulatory Department Updates – 5 August 2020
- Additional Rulemaking Expected? – 30 July 2020
- Trading from Home – New York State and City Tax Implications for Asset Managers – 28 July 2020
- How the pandemic has increased existing risks for directors – and created new ones – 17 July 2020
- New Rule Allows US Mortgage Servicers to Provide Faster Relief to Borrowers Impacted by Pandemic – 13 July 2020
- Nasdaq Confirms Expiration of COVID-19 Relief – 9 July 2020
- SEC Staff Issues Statement Regarding Temporary International Mail Service Suspensions to Certain Jurisdictions Related to COVID-19 (2 July 2020)
- Updated DOJ Guidance Holds COVID-19 Compliance Clues (30 June 2020)
- An Update on SEC’s Targeted Regulatory Relief to Assist Market Participants Affected by COVID-19 (29 June 2020)
- Continued Uncertainty Regarding Whether Companies in Bankruptcy Are Eligible for PPP Loans Under the US CARES Act – 26 June 2020
- CFPB Provides Relief to Servicers Offering Loss Mitigation in Wake of Pandemic – 25 June 2020
- SEC Staff Guidance on Disclosures and Financial Reporting in Light of COVID-19 – 25 June 2020
- COVID-19 from a Securities Law Perspective, Lexis Practice Advisor Journal – 18 June 2020
- COVID-19: Lessons for the Future of Debt Collection – Webcast, 18 June 2020
- US State Orders in Response to the COVID-19 Emergency: Effects on Defense and Other Government Contractors – 18 June 2020
- Federal Housing Agencies and GSEs Announce Updates to COVID-19 Relief Measures for Mortgage Loan Borrowers – 18 June 2020
- S. Federal Reserve Launches Main Street Lending Program by Opening Lender Registration and Updates Loan and Participation Documentation – 17 June 2020
- COVID-19: Impact on State and Local Government Finance – Key Risks for Government Vendors, Lenders and Bondholders – Webcast, 16 June 2020
- COVID-19: UK and US Economic Support Mechanisms – 16 June 2020
- CMBS Servicing and Covid-19 – Webcast, 12 June 2020
- SBA Issues New Rule, Revised Borrower/Lender Application Forms Implementing PPP Flexibility Act – 11 June 2020
- IRS Grants Tax Relief for Qualified Opportunity Funds and Investors in Response to the COVID-19 Pandemic – 11 June 2020
- S. Federal Reserve Further Expands Main Street Lending Program to Offer Support to More Small and Medium-Sized Businesses – 11 June 2020
- Mortgage Servicers Are Getting the Short End of the Stick Under the CARES Act – 9 June 2020
- US Congress Enacts Legislation to Give PPP Borrowers Added Flexibility – 4 June 2020
- CFPB Update – Consumer Protection in the Age of Coronavirus – Webcast, 4 June 2020
- The C2B Program: A lifeline for local businesses devastated by COVID-19 – 3 June 2020
- COVID-19 and Club Deals: An Alternative to Debt Financing for Acquirors – 29 May 2020
- TALF 2020 Update: MLSA, Revised FAQs and Related Program Materials – 28 May 2020
- COVID-19: Next Steps for PPP Borrowers – Navigating the Loan Forgiveness Process and Mitigating Enforcement Risk – Webcast, 27 May 2020
- Managing Your Capital: A Practical Guide for Issuers and Borrowers Facing Economic Uncertainty – 25 May 2020
- Debt Collection During and After the Pandemic: Do Certain US Legislators and Agencies Seek a Debt Collection Ice Age? – 23 May 2020
- COVID-19 – Global Implications for Anti-Money Laundering and Counter-Terrorist Financing – 22 May 2020
- SEC Provides Exemptive Relief to Broker-Dealers Acting as TALF Agents – 21 May 2020
- US SBA Paycheck Protection Program (PPP) Forgiveness Application – 20 May 2020
- Now We Know it Was “Mud”: The SBA “Walks Back” Its Prior Rules and FAQs Regarding Treatment of Foreign Affiliates – 18 May 2020
- TALF 2020 and CLOs: Progress in the Right Direction, but Has Enough Changed? – 18 May 2020
- TALF 2020 Update: Federal Reserve Bank of New York Releases FAQs and Revised Term Sheet – 15 May 2020
- Are Companies in Bankruptcy Eligible for PPP Loans under the US CARES Act? – 15 May 2020
- New York DFS Sends Two Section 308 Information Requests Related to COVID-19 – 14 May 2020
- SEC Director Summarizes COVID-19 Enforcement Actions – 13 May 2020
- New SBA Guidance May Reduce the Risks to Borrowers Making the Certification of Necessity for Paycheck Protection Program Loans – 13 May 2020
- Mayer Brown COVID-19 Response Team Addresses the “Delicate Reopening” – 13 May 2020
- Federal Reserve Releases TALF FAQs: Here are the Highlights – 12 May 2020
- EBITDA Adjustments for Lost Revenues Resulting from COVID-19 – 11 May 2020
- Fund Finance Market Update: NAV Credit Facilities and COVID-19 – 8 May 2020
- Another Day with the Paycheck Protection Program: US SBA “Tweaks” the Rules (Yet Again) – 6 May 2020
- US Banking Regulators Modify Liquidity Coverage Ratio for COVID-19 Stimulus Effects – 6 May 2020
- COVID-19 Issues for SEC Reporting Companies – 6 May 2020
- CFPB Issues Guidance for Transfers of Residential Mortgage Servicing – 6 May 2020
- DOL Issues COVID-Related Deadline Relief – 5 May 2020
- COVID-19: CARES Act Fails to Address Renewable Energy Industry’s Concerns But Path Forward with the IRS Remains – 5 May 2020
- COVID-19: The Main Street Lending Program – The Federal Reserve’s Revised Proposed Terms – Webcast, 5 May 2020
- SEC Staff Provides Additional COVID-19-Related Guidance – 5 May 2020
- The Impact of COVID-19 on Fintech Financing – 1 May 2020
- S. Federal Reserve Expands and Provides Additional Details on Main Street Lending Program for Small and Mid-Sized Businesses – 1 May 2020
- Private Student Loan Servicers Partner with Nine States to Provide Relief to Borrowers Impacted by COVID-19 – 1 May 2020
- PPPLF Now Open to Non-Banks and for Purchased PPP Loans – 1 May 2020
- Key Tax Considerations for Secondary Sales of Private Funds – 30 April 2020
- Federal Reserve Signals Progress Toward Desperately Needed Non-Bank Access to Paycheck Protection Program Liquidity Facility (PPPLF) – 30 April 2020
- Recent Comments by US Treasury Secretary Mnuchin Should Give PPP Applicants Pause – 29 April 2020
- Department of Commerce Announces Rules to Restrict Exports to China and Other Countries of National Security Concern – 29 April 2020
- Paycheck Protection Program Loans and DIP Financing – 29 April 2020
- Getting Back to Business: Mayer Brown Launches COVID-19 Business and Stimulus Navigation Tools – 28 April 2020
- Still Clear as Mud (Unfortunately): SBA’s Latest Official FAQ Fails to Provide Meaningful Guidance for Potential PPP Borrowers – 28 April 2020
- COVID-19 US Insurance Regulatory Department Updates – 28 April 2020
- Comparison of COVID-19 Economic Support Mechanisms – 28 April 2020
- SEC Investor Advisory Committee Scheduled – 27 April 2020
- SEC Forms Cross-Divisional COVID-19 Market Monitoring Group – 26 April 2020
- 4 Tips for Crafting Good Disclosure After a Chaotic Quarter – 24 April 2020
- SEC Investment Management Staff Issues Statement on Delivering Prospectuses and Reports to Investments in the COVID-19 Environment – 24 April 2020
- Clear as Mud: SBA Offers Further Clarification to PPP Eligibility – 23 April 2020
- S. SEC’s Division of Investment Management Publishes Coronavirus (COVID-19) Responses to FAQs – 23 April 2020
- Flood Insurance Policy Renewal Grace Period Extended by FEMA, and One Regulator Applies this Grace Period to Force Placement Notices – 23 April 2020
- EDGAR Filing Window Extension for Registered Investment Companies and Business Development Companies – 23 April 2020
- Use of the Defense Production Act: Expanding Capacity – 22 April 2020
- US Senate Enacts Legislation to Extend the Paycheck Protection Program – 21 April 2020
- Fannie and Freddie to Relax Servicer Advance Requirements for Loans in Forbearance – 21 April 2020
- VA and USDA Issue Guidance Implementing CARES Act Relief Measures – 21 April 2020
- COVID-19 US Insurance Regulatory Department Updates – 21 April 2020
- Key Tax Implications Of Debt Restructuring During COVID-19 – 20 April 2020
- New Executive Order and Temporary Final Rule Defer Certain Duty Payments for Importers Suffering Significant Hardship – 20 April 2020
- COVID-19 and Corporate Governance: Key Issues for Public Company Directors – Webcast, 20 April 2020
- SEC Approves Nasdaq’s Tolling of compliance Period – 20 April 2020
- CorpFin Allows Form 144 Filings via Email in Light of COVID-19 Concerns – 20 April 2020
- US Department of Labor Issues Guidance Concerning COVID-19 OSHA Reporting Requirements and Unemployment Compensation Under the CARES Act – 17 April 2020
- Stress Testing: Is Now the Time to Move the Goal Post? – 17 April 2020
- Comparison of COVID-19 Economic Support Mechanisms – 17 April 2020
- COVID-19: Derivatives – Key Considerations in the Current Environment – Webcast, 16 April 2020
- Revisiting Defaulting Lender Provisions – 16 April 2020
- As Pandemic-Related Shut-Downs Continue, the United States, Like Countries Across Global Regions, Begins To Consider How To Restart Business – 16 April 2020
- New Transition Guidance for CECL Implementation – 16 April 2020
- COVID-19 and Corporate Governance: Key Issues for Public Company Directors – 15 April 2020
- Our 12 Most Common Insolvency Questions in Receivables and Payables Finance – 15 April 2020
- Bankruptcy Courts Address Impact of COVID-19 Coronavirus With Unique Orders – 15 April 2020
- COVID-19: Mortgage Servicing Advance Facilities – Ginnie Mae’s COVID-19 Pass-Through Assistance Program – Webcast, 14 April 2020
- COVID-19 US Insurance Regulatory Department Updates – 14 April 2020
- New York Encourages Servicers of Private Student Loans to Provide Relief to Borrowers Impacted by COVID-19 – 13 April 2020
- Maryland Federal Court Denies Attempt to Block Bank of America’s Eligibility Restrictions for Paycheck Protection Program Loans – 13 April 2020
- Banks Should Remember to Seek CRA Credit for CARES Act Lending and Other COVID-19 Activities – 13 April 2020
- Debt Restructuring during the COVID-19 Pandemic – Key Tax Considerations – 13 April 2020
- Chair Clayton and Division Director Hinman Issue Public Statement on the Importance of Disclosure in the Current COVID-19 Environment – 13 April 2020
- Freddie Mac and Fannie Mae COVID-19 Forbearance Programs – 13 April 2020
- PTAP/C19 – The “Last Resort” for Ginnie Mae Issuers Facing a Liquidity Crunch – 13 April 2020
- Banks Should Remember to Seek CRA Credit for CARES Act Lending and Other COVID-19 Activities – 13 April 2002
- SEC Adopts Securities Offering and Communications Reforms for BDCs and Closed-End Funds – 13 April 2020
- US FERC Acts to Provide COVID-19 Regulatory Relief and to Prioritize Reliability Filings and Proceedings – 10 April 2020
- Synthesizing the Stimulus: A Brief Comparison of Federal Reserve Direct Lending Programs – 10 April 2020
- S. Federal Reserve Announces Main Street Lending Program to Provide Financing to Small and Mid-Sized Businesses – 10 April 2020
- TALF 2020 and CLOs – 10 April 2020
- Federal Reserve’s Updated TALF Program Excludes Support for Mortgage Servicing Advance Financing – 10 April 2020
- Nevada Regulators Grant a Temporary Waiver from Licensing for Lenders Offering SBA Paycheck Protection Program Loans – 10 April 2020
- Legacy CMBS Added as Eligible Collateral under TALF Program – 10 April 2020
- Federal Reserve Revises New TALF Program Term Sheet – 9 April 2020
- Revised Guidance on Accounting for and Making Loan Modifications – 9 April 2020
- SEC Guidance in Relation to Upcoming Earnings Releases – 9 April 2020
- Defense Production Act Update: FEMA Exercises Control over PPE Exports – 9 April 2020
- Modest Improvements: Ginnie Mae’s Servicing Advance Facility Recognition – 9 April 2020
- FHA Issues Guidance on Special Loss Mitigation Options for Borrowers Affected by the COVID-19 National Emergency – 9 April 2020
- Considerations for Paycheck Protection Program Loans Under Existing Credit Facilities – 9 April 2020
- Borrower, Don’t Lend Me a Hand – Remote Notarization During the COVID-19 Pandemic – 9 April 2020
- Mortgage Servicing in the Pandemic—What Servicers Need to Know – 7 April 2020
- SBA Issues New Official FAQs for the Paycheck Protection Program (PPP) Addressing Borrower Eligibility, Affiliation, Underwriting, and Updates to Previously Submitted Applications – 7 April 2020
- Origination in the Era of COVID-19: the GSEs, FHA and VA Issue Guidance for Appraisals and Income Verification – 7 April 2020
- SBA Expands Eligibility Under CARES Act Paycheck Protection Program and Federal Reserve Offers Further Support – 7 April 2020
- CFTC COVID-19 Relief Allows Certain Foreign Brokers to Enter U.S. Customer Orders – 6 April 2020
- COVID-19: Mortgage Servicing Advance Facilities – What to Watch For – Webcast, 6 April 2020
- US Financial Regulators Extend Another Two Key Comment Periods Due to COVID-19 – 6 April 2020
- What are “Essential” Consumer Financial Services Businesses – 3 April 2020
- Fund Finance Market Update: Fund Finance in the Era of COVID-19 – 3 April 2020
- SBA Releases Guidance on PPP Small Business Loans – 3 April 2020
- Essential Business Designation Orders and Regulatory Guidance in the US: What Investment Advisers and Broker-Dealers Need to Know – 3 April 2020
- Legal Update on Section 4003 of the CARES Act – Liquidity for Eligible Businesses, States, and Municipalities – 2 April 2020
- Avoid Being Blindsided by a Correspondent Banking Enforcement Action – 2 April 2020
- Financial Crime Compliance and Risk Management for Financial Institutions and Other Market Participants Amid the COVID-19 Outbreak – 2 April 2020
- The CARES Act and CLOs – 2 April 2020
- COVID-19 and US Securitization Impacts – 2 April 2020
- White House Uses Defense Production Act to Facilitate Ventilator Production and Prioritize N-95 Respirator Acquisition – 2 April 2020
- SBA Releases Guidance on PPP Small Business Loans – 2 April 2020
- Coronavirus Aid, Relief and Economic Security Act – Enhanced Acquisition and Industry Support Authorities – 2 April 2020
- Summary of CARES Act State and Local Government Relief Provisions – 2 April 2020
- The Small Business Reorganization Act of 2019 Makes a Timely Arrival – 1 April 2020
- Trade Finance – Insolvency and Business Disruption Implications – 1 April 2020
- CARES ACT Payroll Protection Program – 1 April 2020
- Recent COVID-19 Banking Regulatory Deadline Extensions and Relief – 1 April 2020
- US Federal Reserve and SEC Provide Further Relief and Guidance to Money Market Funds Affected by COVID-19 Market Developments – 1 April 2020
- Paycheck Protection Program FAQs for Small Businesses – 31 March 2020
- Guide to US Federal, State and Local Foreclosure & Eviction Moratoriums – 31 March 2020
- SEC Expands Availability of Exempt Affiliated Transactions with Certain Registered Open-End Investment Companies – 31 March 2020
- Legal Update on Section 4003 of the CARES Act – Liquidity for Eligible Businesses, States and Municipalities – 31 March 2020
- COVID-19 US Insurance Regulatory Department Updates – 30 March 2020
- COVID-19: New Guidance from the GSEs and Federal Agencies Impacting Mortgage Loans and Program Requirements – 30 March 2020
- US M&A During the COVID-19 Pandemic – Considerations for Fintech Businesses – 30 March 2020
- Potential for Fintech Lenders and other “Additional Lenders” to enter the SBA Market: What Lenders Need to Know – 30 March 2020
- Conference Call on COVID-19 Guidance from the GSEs and Federal Agencies – 27 March 2020
- The CARES Act: Compensation and Benefits Related Provisions – 27 March 2020
- School’s Out: Proposed Relief for Federal Student Loan Borrowers Impacted by COVID-19 – 27 March 2020
- Small Business Loans under the CARES Act – 27 March 2020
- IRS FAQs Provide Insight into Qualified Plan Deadlines – 27 March 2020
- US Tax Relief in CARES Act – 27 March 2020
- COVID-19: US SEC Provides Temporary, Conditional Relief to Funds and Advisers (Updated) – 27 March 2020
- Summary of Infrastructure and Transportation Provisions: Coronavirus Aid, Relief, and Economic Security Act – 27 March 2020
- US Banking Regulators Issue Guidance on Customer Accommodation – 27 March 2020
- US Banking Regulators Issue Guidance on Pandemic Planning – 27 March 2020
- US Banking Regulator Guidance on Loan Modifications in Response to COVID-19 – 27 March 2020
- CARES Act Adds Five-Year Carryback Period and Suspends 80% Limitation for 2018, 2019 and 2020 Net Operating Losses – 27 March 2020
- SEC Staff Offers Road Map For COVID-19 Risk Disclosures – 26 March 2020
- US Treasury and Federal Reserve Announce Two New Corporate Credit Facilities for Large Employers – 26 March 2020
- DOD Progress Payment Rate Increase Improves Cash Flow for Contractors – 26 March 2020
- SEC Extends Conditional Reporting Relief and Issues COVID19 Guidance for Public Companies – 26 March 2020
- COVID-19 Ramifications for Public Companies—SEC Disclosures, SEC Filings and Shareholder Meeting Logistics: First Analysis – 26 March 2020 for Lexis Practice Advisor
- COVID-19: Federal Legislation and Impact on Home Loan Forbearance and Loss Mitigation – 26 March 2020
- COVID-19 Implications for SEC and CFTC Registrants – 25 March 2020
- Might Consumer Forbearance be Expanded to Business? – 25 March 2020
- Fed Support for at least short term ABCP markets looks quite promising – 25 March 2020
- CFPB’s Default Servicing Rules: Possible Blueprint for Pandemic Response? – 25 March 2020
- COVID-19: SEC Issues Temporary Conditional Relief to Certain Registered Funds and Insurance Company Separate Accounts with respect to Short-Term Funding from Affiliates – 25 March 2020
- Federal Reserve Establishes New TALF Program – 24 March 2020
- USTR Seeks Comments on 301 Duties as Part of COVID-19 Response – 24 March 2020
- US Federal Reserve Establishes Money Market Mutual Fund Liquidity Facility as Part of COVID-19 Response – 24 March 2020
- Federal Agencies and GSEs Issue Temporary Relief Measures for Borrowers Due to COVID-19 – 23 March 2020
- Market Participants Request Expansion of TALF 2 – 23 March 2020
- COVID-19 US Insurance Regulatory Department Updates – 23 March 2020
- Key Guidelines from US Immigration Agencies to Ease I-9, E-Verify, LCA and PERM, and Wet Signature Requirements During COVID-19 Shelter in Place – 23 March 2020
- Initial US Federal and State Tax Relief Developments Relating to COVID-19 – 22 March 2020