State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
LPL, Edward Jones Among 5 Firms Ordered to Pay $29M Over Excessive Commissions
By Melanie WaddellThe firms charged nearly $19 million in unreasonably high commissions over five years, state regulators say.
May 30, 2025
RIA Growth Could Stall in 2025: ReportWhile the number of SEC-registered advisors grew in 2024, economic and other factors could shift that trend.
May 28, 2025
Let States Regulate Insurance AI, Industry Group SaysThe American InsurTech Council opposes efforts to restrict state oversight for 10 years.
May 23, 2025
New York's Annuity Replacement System Is Too Slow, Lawmakers SayTheir reasoning may spell trouble for product comparison requirements at the purchase stage.
May 22, 2025
Trial Date Set for Ex-Banker Charged With Killing BofA ExecAnthony Duwayne Turner's trial is set for June; a planned pretrial hearing involves a motion to dismiss the case.
May 22, 2025
Texas Bill Could Speed Up Annuity Exchanges and TransfersInsurers would have to complete many of the transactions within 30 days after receiving a request.
May 20, 2025
Judge Rejects $40M Class-Action Settlement in Vanguard Target-Date Selloff CasePlaintiffs will get a better deal under an SEC settlement, the judge found.
May 14, 2025
Retiree Sues Schwab, Hightower Over $422,000 Portfolio LossThe firms misrepresented a risky margin loan as a safe credit line and made unauthorized trades, the suit says.