The focus on enforcement has done little to clarify regulatory expectations regarding current facts and market practices. The Securities and Exchange Commission (SEC).
Securities and Exchange Commission SEC announced decision to overhaul SEC Advertising Rule previous Rule 2064-1 under Advisers Act and Cash Solicitation Rule previous Rule 2064-3 with previous Rule 2064 into single rule to regulate investment adviser marketing communications.
The CFPB recently announced that it is rescinding the revised Policy on No-Action Letters and the Policy on the Compliance Assistance Sandbox (the Policies) as of September 30, 2022. .
FTC explains that merchants using BNPL services are also subject to consumer protection obligations. CFPB ends its no-action letter and compliance sandbox policies. .