State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
‘Big Switch’ RIAs Now Regulated by States Exhibit Similar Deficiencies on Exams: NASAA
By Melanie WaddellA NASAA report on advisors who switched from SEC to state oversight shows deficiencies similar to smaller RIAs who had been regulated by the states.
October 04, 2013
Pennsylvania lawmaker offers new approach to pension reformThe proposal would create a cash balance retirement plan for newly hired employees that would guarantee an annual return of at least 4 percent.
October 04, 2013
Rep. Royce again questions NAIC's authorityRoyce says the NAIC should answer tough questions about what it is and the true scope of its authority.
October 03, 2013
Avalere sizes up exchange plan menusThe analysts found lingering pockets of choice poverty.
October 03, 2013
Exchanges release early transaction numbersSome states have no numbers; Colorado has visits, calls and average call wait times.
October 03, 2013
Exchanges release early transaction numbersSome states have no numbers; Colorado has visits, calls and average call wait times.
October 02, 2013
SEC Clarifies CCOs’ Liability on SupervisionDivision of Trading and Markets just released Q&A guidance regarding broker-dealer compliance officers liability for failure to supervise.
October 01, 2013
Still ShiningAmerican States Water Company (AWR) reported 2Q13 EPS of $0.85 meeting our $0.85 estimate and besting consensus by a penny. AWR earned $0.79 in 2Q12. While earnings benefited from Golden States recent rate relief, earnings at American States Utility Services (ASUS) declined from last years results, which benefitted from...