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Wyrick Robbins Named Among “Best Law Firms” by U.S. News and Best Lawyers 2021

RALEIGH, NC – Wyrick Robbins is pleased to announce that the firm has been named among the “Best Law…

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SEC Passes Final Rule to Harmonize and Improve its Exempt Offering Framework

On November 2, 2020, the Securities and Exchange Commission (“SEC”) announced that it had voted to approve amendments to the SEC’s exempt…

Banking & Financial Institutions Capital Markets

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SBA Procedural Notice on PPP Loans and Changes of Ownership

On October 2, 2020, the U.S. Small Business Administration (“SBA”) published a procedural notice aimed at clarifying the required procedures for changes…

Banking & Financial Institutions Client Alerts COVID-19 Resources

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The Growing Seeds of the Interaction of the Regulated Banking System and Hemp-related Businesses

On December 3, 2019, the federal bank regulatory agencies[1] and the Financial Crimes Enforcement Network (FinCEN), in consultation with the Conference of…

Banking & Financial Institutions

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Federal Reserve Announces Changes to Main Street Lending Program

Under the Main Street Lending Program, the Federal Reserve will purchase loans from eligible banks with the goal of ensuring that credit…

Banking & Financial Institutions COVID-19 Resources

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Impact of SEC’s Proposed Rule on Verifying Accredited Investor Status under Rule 506(c)

On March 4, 2020, the Securities and Exchange Commission (“SEC”) announced the publication of a proposed rule (the…

Banking & Financial Institutions Capital Markets Client Alerts

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FDIC Issues Proposed Rule to Mitigate the Deposit Insurance Assessment Effect of Participation in the PPP, the PPPLF, and MMLF

On May 12, 2020, the FDIC approved a notice of proposed rulemaking that would mitigate the deposit insurance assessment effects of banks’…

Banking & Financial Institutions COVID-19 Resources

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BE-10 Benchmark Survey Filing: U.S. Investment in Foreign Businesses

The Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce is conducting a 5-year benchmark survey of U.S. investment in…

Banking & Financial Institutions Capital Markets COVID-19 Resources Emerging Companies Investment Funds Mergers & Acquisitions

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Federal Banking Agencies Issue Interim Final Rule Deferring Appraisals and Evaluations for Real Estate Transactions

On April 14, 2020, in a joint press release, the federal banking agencies issued an interim…

Banking & Financial Institutions COVID-19 Resources

Insights

Federal Reserve Announces Main Street Lending Program

The Federal Reserve has announced that it will ensure that credit flows to small and mid-sized businesses with the purchase of up…

Banking & Financial Institutions COVID-19 Resources