The CFPB Deputy Director Zixta Q. Martinez outlined the CFPB's efforts to reduce "junk fees" in consumer financial markets.

At a hearing before the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, witnesses urged Congress to implement broad reforms to the CFPB.

A broker-dealer settled SEC charges for disclosure violations in connection with a limited offering exemption on the sale of municipal securities.

Federal Reserve Board Vice Chair for Supervision Michael S. Barr highlighted the risks and benefits of crypto-asset technologies to the U.S. payment system and called for a unified approach to oversight among regulators.

Comments are due by May 8, 2023 on an SEC proposal that would substantially expand requirements under the Advisers Act custody rule (IAA Rule 206(4)-2) and amend related recordkeeping and reporting obligations.