The Federal Reserve Board will begin operating the FedNow℠ instant payment service in July.

The CFPB warned student loan servicers against attempting to collect on private student loans that had been discharged in bankruptcy.

U.S. President Joseph R. Biden urged Congress to "impose tougher penalties for senior bank executives whose mismanagement contributed to their institutions failing." He is expected to announce Administration actions to address the financial fallout of the recent bank failures today.

A broker-dealer settled FINRA charges for mismarking principal short sell orders and failing to locate shares available for borrowing in connection with riskless principal transactions.

A broker-dealer settled FINRA charges for failing to register third-party workers.