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Coronavirus

RCW’s complete coverage of Covid-19 or the coronavirus

'Reasonable efforts' to verify the information should occur no later than June 30
The coronavirus crisis has forced many firms to stitch together patchwork telecommuting arrangements even as the world economy faces its worst days since the 1930s. ...
Lenders must disburse PPP loans within 10 calendar days of loan approval
Borrowers are generally eligible for forgiveness for the payroll costs paid and payroll costs incurred during the eight-week (56-day) Covered Period
Action relates to collateral and asset-back securities
It is no surprise we have observed the presence of uncertainty regarding the financial and operating status of companies and municipal issuers
Staff are thinking creatively to connect with clients
Adherence with the government’s rules around the PPP loans will fall to advisory compliance staff
Sherlock Holmes famously solved a case by listening for a dog that didn’t bark. Since the early days of the coronavirus crisis, a deafening silence ...
The coronavirus crisis caught almost everyone off guard. But now, two months into lockdown, and no date certain on when we’ll get back to “normal,” ...
"Anyone that has shown symptoms must get tested"
We are consulting with a wide array of experts and stakeholders with diverse perspectives, including investment advisers, including those that manage mutual funds and hedge ...
How to direct your 13F questions to the SEC
Large size broker-dealers will be allowed to comply with Consolidated Audit Trail requirements over a new, phased timeline, and small-to-medium sized firms that had been ...
An employer that applied for a PPP loan, received payment, and repays the loan by the safe harbor deadline (May 14, 2020) will be treated ...
The outbreak of COVID-19 has had far-reaching effects, with small businesses being particularly affected by the closures and safety measures designed to slow the spread ...
Private equity or hedge funds that took out loans designed to help small businesses survive the coronavirus meltdown now have until May 7 to return ...
If an adviser uses the PPP money to pay the salaries of your employees you would need to disclose this fact
"We figured out how to function and we should be satisfied with that for now without risking the health of our employees and families"
Advisers receiving PPP loans should disclosure this to their clients
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