FINRA provides guidance on marketing private placements to retail investors. FINRA updates margin rule interpretations. The CFPB proposes exemption from establishing escrow accounts for certain mortgage loans. The Small Business Administration and Treasury release PPP loan data. SIFMA commends bipartisan introduction of "LOCAL Infrastructure Act" to support municipal refinancing.

The Cadwalader Cabinet General Counsel daily podcast gives legal and compliance professionals a rundown of emerging developments in financial regulation. To learn more, visit The Cabinet.