State Regulatory Developments

California Governor Orders Citizens to Stay at Home

As part of the state’s response to the COVID-19 crisis, California Governor Gavin Newsom signed an executive order on the evening of March 19, 2020, ordering all citizens to stay at home, “except as needed to maintain continuity of operation of the federal critical infrastructure sectors, critical government services, schools, childcare, and construction, including housing construction.”  Essential services, including banks, and workers in the federal critical infrastructure sectors as identified below, may stay open pursuant to the order.  The order is effective immediately, and is in effect for an indeterminate time period. 

The announcement on California’s official COVID-19 response website, from which the above-quoted language is taken, is available here.

The executive order signed by Governor Newsom is available here.

The federal government’s critical infrastructure sectors information, which includes financial services, is available here

The specific federal critical infrastructure sector plan for financial services is available here.