by Patomak Global Partners | May 3, 2022 | U.S. Regulatory Update
Highlights CFTC, SEC, and DOJ Charge Archegos and Executives with Scheme to Defraud On 27 April, the Commodity Futures Trading Commission (“CFTC”) announced the (i) filing of charges against Archegos Capital Management, LP and its former chief financial officer,...
by Patomak Global Partners | Apr 26, 2022 | U.S. Regulatory Update
Highlights CFPB Proposes to Regulate Fintechs Like Banks On 24 April, the Consumer Financial Protection Bureau (“CFPB”) announced that it is proposing a procedural rule to “invoke[e] a largely unused legal provision to examine nonbank financial companies that pose...
by Patomak Global Partners | Apr 19, 2022 | U.S. Regulatory Update
Highlights Biden Announces Intent to Nominate Michael Barr to Service as Fed Vice Chair of Supervision On 15 April, President Biden announced his intent to nominate Michael Barr to serve as Vice Chair for Supervision at the Federal Reserve (“Fed”). Barr currently is a...
by Patomak Global Partners | Apr 12, 2022 | U.S. Regulatory Update
Highlights White House Announces Nominations of Two SEC Commissioners On 6 April, the White House announced that President Biden has nominated Jaime Lizarraga and Mark Uyeda to serve as Commissioners of the Securities and Exchange Commission (“SEC”). Lizarraga...
by Patomak Global Partners | Apr 5, 2022 | U.S. Regulatory Update
General White House Releases President’s Budget for Fiscal Year 2023 On 27 March, the White House released the President’s Budget for Fiscal Year 2023. The budget document is a request to Congress that outlines an administration’s funding priorities for federal...
by Patomak Global Partners | Mar 29, 2022 | U.S. Regulatory Update
General White House Announces Release of PAVE Action Plan Regarding Bias in Home Valuations On 23 March, the White House announced the release of the Interagency Task Force (“Task Force”) on Property Appraisal and Valuation Equity’s (“PAVE”) Action Plan, characterized...
