The CFPB reported findings from researchers that investigated the effects of price complexity on market outcomes. CFPB economists suggest the research has implications for understanding how junk fees impede fair and competitive pricing.

In a letter to SEC Commissioner Gary Gensler, Senate Budget Committee Ranking Member Charles Grassley requested "increased transparency" and information "with respect to the resources dedicated by the SEC to processing whistleblower tips and claims."

An investment adviser settled SEC charges for entering into an impermissible joint legal fee arrangement with its client, an open-end management investment company. The legal fees related to SEC inquiries and private lawsuits over losses in a "series fund" managed by the investment company.

The SEC charged an individual and his business for failing to register as a dealer in connection with a "convertible notes business."

In an amicus curiae brief, the New Civil Liberties Alliance urged the U.S. Court of Appeals for the Fourth Circuit to recognize that FINRA "wield[s] vast [executive] power typically exercisable only by government officials" and should be subject to the same constitutional restraints as the government.