An advisory firm settled SEC charges for recordkeeping violations associated with the use of "off-channel" communications.

Stacey Bowers, newly appointed Director of the Office of Advocate for Small Business Capital Formation, described the Office as a "bridge supporting small businesses and their investors seeking to engage in capital formation, and to amplify their voices inside the agency."

The United States District Court for the District of Massachusetts ordered an investment adviser to pay substantial fines for failing to disclose conflicts of interest when recommending certain mutual fund share classes.

In a new report on financial transactions in virtual markets, the CFPB asserted that the video gaming industry increasingly resembles traditional banking but without protection from associated risks to consumers.

CFPB Director Rohit Chopra warned that the aggregation of personal data by "data brokers," who sell that data to a wide range of entities, poses a threat to national security.