The CFPB and Federal Trade Commission issued letters to mortgage lenders, mortgage brokers, real estate agents, homebuilders and lead generators, warning dozens of companies that their advertisements may be deceptive.

Three American Express subsidiaries will refund an estimated $85 million to customers and pay an additional $27.5 million in fines following an investigation of the company’s credit card practices conducted by the CFPB and other federal and state regulators.

Discover Bank will refund roughly $200 million to 3.5 million customers and pay another $14 million in civil penalties following an investigation of the company’s marketing of credit card add-on products, according to a consent order released by the CFPB and FDIC.

The Commodity Futures Trading Commission filed a civil enforcement complaint against a California man and his company, arguing that he failed to register in connection with his retail foreign currency trading business under the Commodity Exchange Act as amended in response to the Dodd-Frank Act.

The Consumer Financial Protection Bureau continued to add programs and staff members at a rapid pace in the first half of 2012, according to the agency’s recently-released semi-annual report. The report to Congress also outlined the bureau’s plans for the coming months in numerous key areas.

The Commodity Futures Trading Commission’s Division of Market Oversight issued temporary no-action relief in order to facilitate the CFTC’s commitment to coordinate a recent proposal regarding aggregation with the implementation of position limits.

Capital One Bank will pay roughly $140 million to two million credit card customers as part of the first public enforcement action announced by the Consumer Financial Protection Bureau. The company will also pay $25 million in penalties after the agency said the bank misled or pressured customers into purchasing additional products when they called to activate their credit cards.

On April 2, the CFTC issued an order prohibiting the North American Derivatives Exchange from listing or making available for clearing or trading a set of political event derivatives binary contracts.

The Commodity Futures Trading Commission is again providing temporary relief for market participants that are currently unable to fully comply with new reporting requirements established under the agency's large trader reporting system for physical commodity swaps and swaptions.

The Commodity Futures Trading Commission obtained a federal court consent order requiring a foreign firm to pay a $140,000 civil monetary penalty to settle charges that it illegally solicited members of the public to engage in foreign currency transactions and operated as a retail foreign exchange dealer without being registered with the CFTC. The order finds that the company violated the Dodd-Frank Act and other statutes.