The third quarter financial regulations of 2020 included whistleblower program rules, tax relief for victims of natural disasters and rule changes for the Small Business Administration’s (SBA) and Paycheck Protection Program (PPP). The regulations also included final rulings reached on employment opportunities for individuals with certain minor criminal offenses and small-dollar lending.
Here is a breakdown of the most notable financial regulations implemented over the last three months.
SEC: Adds Clarity, Efficiency and Transparency to Its Successful Whistleblower Award Program
On Sept. 23, the SEC voted to adopt amendments to the rules governing its whistleblower program. The purpose of these rules is to provide greater clarity to whistleblowers and increase the program’s effic…