The SEC charged a broker-dealer for failing to file suspicious activity reports regarding OTC trades of low-priced securities. The SEC alleged the trades constituted a "red flag" as defined in the broker-dealer's own procedures.

Senator Pat J. Toomey (R-PA) and Senator Bill Hagerty (R-TN) introduced the CFPB Stability Act, a bill that would change the composition of the agency and subject it to the regular congressional appropriations process.

Are tomatoes a fruit or a vegetable? The current debate over digital assets appears to limit the discussion to such a question. Are digital assets fruits or vegetables (securities or commodities)? Are they money (stablecoins) or something else, like art (NFTs)? Are these the right questions? Perhaps the inquiry should not be over the categorization of digital assets, but how best to regulate them.

FINRA warned firms of an increase in the volume and sophistication of ransomware attacks.

In testimony before both the Senate Banking Committee and the House Financial Services Committee, CFPB Director Rohit Chopra described areas for concern raised in the agency's "Spring 2022 Semi-Annual Report."