Washington Report 360 | April 7, 2023

CFPB

• Policy Statement regarding Prohibition  on Abusive Acts or Practices; related speech (Director)
• 2022 Consumer Response annual report (re: consumer complaints)
• Enforcement action against two individuals for “illegal Payday lending business”

CFTC

• Statement relating to NFA rule on Spot Digital Asset Commodities (Commissioner)
  

COSO

• Report on Sustainability Reporting

DOJ

• International cyber operation against an illicit online marketplace

FDIC

• Consumer Compliance Supervisory Highlights

FHFA

• Inaugural Housing Finance TechSprint
• Updated Equitable Housing Finance Plan and updated Enterprise Fair Lending Data Dashboard

FINRA

• Podcast: Understanding the Unique Risks of Every Firm

FRB

• FRB Dallas report on 2022 interest rate volatility and mortgage rates

FTC

•  Consumer Alert on Reporting Fraud to FTC

IAIS

• Targeted Jurisdictional Assessment (TJA) report

OCC

• Q4 2022 Bank Trading Revenue report
• Q4 2022 Mortgage Performance report

SEC

• OMWI FY 2022 Annual Report
• Scheduled to host Municipal Securities Disclosure Conference on May 10th
• Enforcement actions against:
• Founder of student loan assistance company for alleged fraud
• Investment advisory company for allegedly failing to disclose foreign exchange fees to clients

Treasury

• OFAC designation of illicit marketplace
• FinCEN Financial Trend Analysis report on BSA data relating to business email compromise in the real estate sector
• OFR Data Analytics Platform
• Report on DeFi Illicit Finance Risk Assessment
• Speech on access to capital for tribal communities
• Guidance to drive investment in coal communities
• Proposed guidance on new clean vehicle credit

White House

• IPEC Annual Intellectual Property Report to Congress
• Inflation Reduction Act Guidebook for Tribes