November 1, 2016
Tuesday’s Regulatory & Legislative Roundup
- A federal consumer finance watchdog agency on Thursday warned 44 mortgage lenders and brokers that they may be in violation of federal mortgage data reporting requirements.
- The U.S. Securities and Exchange Commission votes with near-constant harmony in choosing to bring federal cases against individuals and companies, according to internal records released by the agency.
- A divided U.S. Securities and Exchange Commission approved rule changes on Wednesday to make it easier for shareholders to vote for corporate board candidates nominated by activist investors, while unanimously agreeing to relax intrastate crowdfunding rules.
