Banking & Finance Developments During the COVID-19 Crisis—Biweekly Update
To help our clients navigate the coronavirus (COVID-19) crisis, Arnold & Porter has established a Coronavirus Task Force covering a wide range of issues and challenges. Subscribe to our "Coronavirus (COVID-19)" mailing list to receive our latest client Advisories and register for upcoming webinars.
We are expanding our webinar series focusing on the CARES Act Title IV emergency financing facilities and related programs established by the Federal Reserve under Section 13(3) of the Federal Reserve Act to include additional developments affecting financial institutions, and the forces—legislative, regulatory, economic and technology—shaping them.
In this segment, the third in our expanded series, we cover 1) OCC and FDIC rulemaking on the "Valid When Made" Doctrine; 2) OCC rulemaking on the "True Lender" Doctrine; 3) two Northern District of California suits by various states challenging the OCC and FDIC rulemaking on the "Valid When Made" Doctrine; and 4) the Colorado Attorney General's settlement with Avant and Marlette regarding "True Lender" matters.