State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Wealth Transfer Platform Luminary Raises $22M
By Rob BurgessThe firm, co-founder David Barnard says, built data and AI infrastructure that enables investment, tax and legal collaboration.
September 04, 2026
83-Year-Old Pleads Guilty in $11M Ponzi SchemeThe scam by Barbara A. Hirshfield spanned years and involved over 200 victims, prosecutors said.
September 04, 2026
RIAs Using AI Boosted Hiring, Productivity: StudyMost practices are using the technology for operations, not investment decisions, new Astraeus research finds.
September 02, 2026
Private Fund Advisors Busted in Ponzi-Like Scheme Against Retirees: SECMark Hanf and Hoai-Nam Chu Phan made material misrepresentations regarding the Pacific Fund and Freedom Fund, a complaint says.
September 02, 2026
Fake NFL Player, Phony Advisor Charged With Swindling at Least 26 Women: DOJA teenager posed as a financial advisor for the bogus San Francisco 49er, prosecutors say.
August 31, 2026
PRO
What the CFP Board's New IRA Rollover Guide Left OutThe organization's breakdown of advisors' fiduciary duties neglects some important tax considerations, planners say.
August 31, 2026
Scammed Client Accuses Ameriprise of NegligenceAn advisor should have asked more questions about suspicious withdrawals, a lawsuit suggests.
August 31, 2026
$2.1B Team Splits From LPL, Joins CeteraCalifornia-based Sierra Ridge Advisor Group leaves LPL after just 13 months and plans to launch an RIA.