The Consumer Financial Protection Bureau (CFPB) fined Bank of America $10 million for processing “unlawful” garnishments of customer accounts dating back to 2011.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...