News

Square Obtains FDIC Charter To Operate Its Own Bank As An Industrial Loan Company

By EsqSocial Corporation 21/03/20

On March 18, 2020, Square Inc., became the first U.S. fintech company to receive conditional approval of an Industrial Loan Company (“ILC”) charter from the Federal Deposit Insurance Corporation (“FDIC”), to pair with its prior charter approval on...

COVID-19 Employment Guidelines and FAQ

By EsqSocial Corporation 21/03/20

It is recommended that employers lead with a common-sense approach to what is in the best interests of their employees and customers based on current CDC guidance, while complying with OSHA, the ADA, the FMLA, the FLSA, anti-discrimination laws and...

EPA Announces Latest Update To TSCA Inventory

By EsqSocial Corporation 21/03/20

The U.S. Environmental Protection Agency (EPA) announced on March 11, 2020, the availability of the latest Toxic Substances Control Act (TSCA) Inventory. EPA states that this biannual update to the public TSCA Inventory is part of its regular posting...

FERC and NERC Provide Industry Guidance to Ensure Grid Reliability Amid Potential Coronavirus Impacts

By EsqSocial Corporation 21/03/20

On March 18, 2020, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) announced steps to ensure that operators of the bulk electric system can focus resources on safety and reliability...

D.C. Circuit Avoids Decisive Ruling on Personal Jurisdiction in Class Actions

By EsqSocial Corporation 21/03/20

We have repeatedly mentioned the long-awaited decision in Molock v. Whole Foods Market Group, Inc. from the District of Columbia Circuit. While we hoped this opinion would finally provide some circuit-level clarity about how the Supreme Court’s...

Cannabis Retailers and Regulators Adapt for COVID-19 Restrictions

By EsqSocial Corporation 21/03/20

The global outbreak of COVID-19 is disrupting lives and businesses across the world, and the cannabis industry and its customers are no exception. Our new reality is not only of great financial concern, but also presents serious public health...

SEC Disgorgement: Looking to the Future

By EsqSocial Corporation 21/03/20

On March 3, 2020, the Supreme Court heard arguments in the case of Liu v. SEC, No. 18-1501. This article summarizes what transpired at the hearing, in which the arguments centered on a challenge to the ability of the U.S. Securities and Exchange...

Coronavirus and Its Impact on Education

By EsqSocial Corporation 21/03/20

The coronavirus is impacting us all, both at home and at work. Given the fluid nature of information flowing at both the federal and state levels, McGuireWoods Consulting (MWC) is intent on providing our education clients minute-by-minute information...

NYDFS Issues Order and Instructions to Regulated Entities in Response to COVID-19

By EsqSocial Corporation 21/03/20

In response to challenges facing the financial services industry as a result of coronavirus (COVID-19), New York's Department of Financial Services (DFS) has issued a COVID-19 compliance order, along with a series of industry guidance letters related...

Collections and Servicing in the Post-Pandemic World: A Glimpse into the New Normal

By EsqSocial Corporation 21/03/20

The collections and servicing industry and call centers are being hit hard as a result of COVID-19. Agencies and businesses are scrambling to supply their staff with the hardware and software to work remotely while shifting the number of workers to...

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