Information for Consumers:
VIDEO: CARES Act Mortgage Forbearance: What You Need to Know by the CFPB
- At the request of President Biden, the Acting Secretary of Education will extend the pause on federal student loan payments and collections and keep the interest rate at 0%.
- Information for Student Loan Borrowers from the CFPB
Assistance for Small Business:
Paycheck Protection Program: The Small Business Administration, in coordination with the U.S. Treasury Department, will provide up to $350 billion in fully forgivable loans to help small businesses maintain payrolls during the coronavirus pandemic.
- No Action Policy Extended until March 31, 2021 for Certain Branch Offices - December 17, 2020
- No Action Policy Extended until December 31, 2020 for Certain Branch Offices - August 21, 2020
- No Action Policy Extended until August 31, 2020 for Certain Branch Offices - June 19, 2020
- No Action Policy Extended until June 30, 2020 for Certain Branch Offices - May 20, 2020
- No Action Policy Extended for Certain Branch Offices Due to COVID-19 Outbreak - April 16, 2020
- Extended Deadlines for Call Reports and Financial Statement Filings for Consumer Credit Licensees
- Banking Commissioner Issues Guidance to Mortgage Servicers - March 18, 2020
- No Action Policy for Certain Branch Offices During COVID-19 Outbreak
- Memo to Financial Institutions Regarding Access to Stimulus Funds
- Banking Commissioner Issues COVID-19 Guidance to Banks and Credit Unions
Securities and Business Investments:
- Interim Guidance on Paperless Submission of Investment Company Filings in Light of Pandemic Restrictions - Updated 8/10/2020
- Interim Guidance on Paperless Submission of Securities Registration, Exemption and Covered Security Filings and Business Opportunity Registration Filings in Light of Pandemic Restrictions - Updated 8/10/2020
- Connecticut-Registered Investment Advisers: Relief From Financial Reporting Obligation In Light of Coronavirus Pandemic
For the latest information, resources, executive orders, and guidance related to coronavirus (COVID-19), visit ct.gov/coronavirus.