CFPB Begins to Fix Recently Adopted Rules
Consumer Protection The CFPB has issued a proposed rule clarifying and making technical amendments to the 2013 Escrows Final Rule issued by the Bureau in January 2013. This is the first of the CFPB’s planned issuances to clarify and provide additional guidance about the mortgage rules it issued in January. The proposal has two primary purposes. First, [...] Read more →
Use of Additional Soliciting Materials Remains Constant in 2013
Public Companies and Securities Since the advent of a mandatory but advisory say-on-pay vote required by the Dodd-Frank Act, issuers have used additional soliciting materials in connection with the say-on-pay... Read more →
Mandatory Clearing of Swaps Begins
Derivatives Swap dealers, major swap participants and private funds active in the swaps market are required to begin clearing certain index credit default swaps, or CDS, and interest rate... Read more →
SEC Discloses Data Related to 2012 Complaints
Litigation, Public Companies and Securities The SEC has disclosed data related to complaints in fiscal year 2012. During Fiscal 2012, the SEC’s Office of Investor Education and Advocacy closed 29,291 files relating to... Read more →