State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Retiree Sues Schwab, Hightower Over $422,000 Portfolio Loss
By Dinah Wisenberg BrinThe firms misrepresented a risky margin loan as a safe credit line and made unauthorized trades, the suit says.
April 22, 2025
New Jersey Becomes 50th State to Adopt Annuity Best-Interest Sales StandardSupporters managed to change the rules throughout the United States in less than five years.
April 09, 2025
NASAA Votes to Restrict BDs' Use of 'Adviser,' 'Advisor'The new model rule prohibits reps from using these titles unless they are also registered as advisors.
April 08, 2025
Fired Edward Jones Broker Charged With Fraud, Money Laundering in Alleged Theft From WidowJohn Winslow is accused of taking over $920,000 from a client and trading gold coins to conceal it.
April 02, 2025
Life and Annuity Pros Need a Site Like BrokerCheck, Advocates SayConsumer advocates want the NAIC to run a site for checking the backgrounds of agents, navigators and others.
March 28, 2025
Robinhood Prediction-Markets Arm Gets Massachusetts SubpoenaSecretary of State Bill Galvin is looking into links to gambling for its sports-event contracts.
March 26, 2025
Hit by 777 Partners Woes, Annuity Issuer Faces Rehab PetitionUtah says Sentinel Security's investments with the private equity firm are worthless.
March 25, 2025
State Regulators to Congress: Please Kill Treasury's Insurance OfficeState regulators also want Congress to give them a voting seat on the Financial Stability Oversight Council.