The CFPB adopted a final rule to limit overdraft charges at large banks and credit unions. The agency stated that the new rule "closes the large bank regulatory loophole that exempted overdraft fees as a finance charge."

The SEC Investor Advisory Committee considered draft recommendations on mandatory arbitration clauses, the expansion of retail investor access to alternative assets and the regulation of "finfluencers."

The CFPB issued a supervisory designation for Google Payment Corp., identifying two primary risks in its operations: (i) insufficient investigation and resolution of erroneous transactions and (ii) inadequate prevention of fraud on its peer-to-peer payment platform.

In a "Concept Release," the MSRB requested comment on whether to propose amendments to MSRB requirements on disclosures in connection with primary offerings and on the time of trade for state or local governmental municipal fund securities.

The SEC Division of Examinations reviewed its risk-based approach when selecting municipal advisors for examination and described the types of information requested during the course of examinations.