On October 27, 2020, Denver increased its “Safer at Home” restrictions to Level 3, the highest restriction before “Stay at Home”. Under the new restrictions, there is a significant impact on business owners and employers in the city.

On September 29, 2020, the Colorado Department of Labor released proposed new rules that will affect the upcoming Equal Pay for Equal Work law, going into effect on 1/1/2021.

On October 8, 2020, the SBA offered a new rule regarding PPP loan forgiveness for smaller loans.

On October 7, 2020, the SEC proposed a conditional exemption that would allow finders to perform limited duties without a broker’s license.

The SBA released some guidelines on October 2, 2020, regarding what steps a seller must take when the business is a PPP Loan borrower. This step came after confusion arose with sellers and buyers that began the process of a business purchase and sale transaction where the target had an outstanding PPP Loan.