News & Analysis as of

Proposed Legislation Regulatory Requirements Small Business

Ballard Spahr LLP

Senate Parliamentarian says elimination of CFPB funding cannot be included in budget bill but delay of Section 1071 rule passes...

Ballard Spahr LLP on

The Senate parliamentarian has ruled that a key Senate Banking, Housing and Urban Affairs (Banking Committee) provision that would eliminate all funding for the CFPB cannot be included in the massive budget reconciliation...more

A&O Shearman

EC Omnibus IV proposal to reduce burdens for small mid-cap companies

A&O Shearman on

The European Commission has published its Omnibus IV legislative proposal, together with a press release, for a Directive amending the Markets in Financial Instruments Directive II (MiFID II) and the Critical Entities...more

DLA Piper

Europe: European Commission Publishes Proposal for Simplification of the GDPR

DLA Piper on

The European Commission has published its proposal for a new regulation simplifying the EU General Data Protection Regulation (“GDPR”) requirements for small mid-cap enterprises (“the Proposal“). The Proposal forms part of...more

Ballard Spahr LLP

CFPB won’t make small business reporting rule a priority

Ballard Spahr LLP on

The CFPB has announced it will not make enforcement of its rule requiring financial institutions to report their lending to women-owned, LGBTQI+-owned and minority-owned small businesses a priority....more

Ruder Ware

It’s Tricky! Tracking the CTA

Ruder Ware on

The Corporate Transparency Act (CTA) remains on hold due to a nationwide injunction granted by a federal District Court in Texas in Smith v. U.S. Department of the Treasury. However, given pending legal battles and...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Regulatory Early Notice and Engagement Act 2024: U.S. House of Representatives Legislation Introduced Addressing the Federal...

Three Congressmen in the United States House of Representatives have introduced H.R. 8204 which is denominated the: Regulatory Early Notice and Engagement Act. (“Legislation”). ...more

Goodwin

Federal Reserve Announces Results From the Review of the Supervision and Regulation of SVB

Goodwin on

Regulatory Developments - Federal Reserve Announces Results From the Review of the Supervision and Regulation of SVB - On April 28, the Federal Reserve released its report analyzing SVB’s failure (Report). The Report...more

Mayer Brown Free Writings + Perspectives

Bipartisan Capital Markets Reform Legislation Announced

Yesterday, a bipartisan, capital formation-focused, package of legislation was unveiled by House Financial Services Committee Chairman Jeb Hensarling and Ranking Member Maxine Waters. ...more

Mayer Brown Free Writings + Perspectives

Securities-related Bills Approved by House Financial Services Committee

The House Financial Services Committee met last week and approved eight capital formation-related bills. The bills require the Securities and Exchange Commission to take action to change certain of its definitions in its...more

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