News & Analysis as of

Enforcement Actions State Attorneys General Paycheck Protection Program (PPP)

Wiley Rein LLP

Wiley Consumer Protection Download (August 12, 2025)

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Federal and State Regulatory Announcements- CFPB Seeks Comment on New Thresholds for Larger Participants in the Automobile Financing, Consumer Reporting, International Money Transfer, and Debt Collection Markets. On August...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - May 2021

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The Congressional Oversight Commission released its 12th report on April 30. The report focuses on a $700 million loan to trucking company Yellow Corporation (formerly known as YRC Worldwide) under the CARES Act loan program...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - April 2021 #3

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On April 21, the Senate Committee on Commerce, Science, and Transportation Subcommittee on Aviation Safety, Operations and Innovation held a hearing entitled “Prepare for Takeoff: America’s Safe Return to Air Travel.” The...more

Foley & Lardner LLP

Five Developments Identified in Criminal and Civil Enforcement of PPP Loans

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Recently, the Beverly Hills Bar Association in California sponsored a panel presentation on “PPP Enforcement Trends,” whose panelists included a high-level prosecutor from the United States Attorney’s Office and other leading...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - March 2021 #2

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Republican leaders urged their House Democrat counterparts to hold a joint hearing regarding the undercounting of COVID-19 deaths in New York nursing homes. The letter was signed by Energy and Commerce Ranking Member Cathy...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - February 2021 #3

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On her first day as Chair of the Senate Committee on Commerce, Science and Transportation, Sen. Maria Cantwell (D-WA) said she would ask the FTC to look into N95 mask fraud, including 1.9 million counterfeits shipped to...more

Goodwin

SEC Issues No-Action Relief On Registered Funds’ Custody Of Loan Interests

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In this Issue. The U.S. Securities and Exchange Commission (SEC) was very active this week, having (i) issued no-action relief allowing registered funds to engage in self-custody of interests in loans that are originated,...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - November 2020 #3

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The Congressional Oversight Commission issued a statement on the Secondary Market Corporate Credit Facility (SMCCF), noting that the SMCCF “is still purchasing approximately $20 million worth of corporate bonds per day. The...more

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