State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Wild Growth of Elderly in West, Census Shows (NBC)
By Staff WriterIn California, the population of adults over age 65 has grown 18 percent since 2000. With a much-touted long-term care crisis in front of us, this could pose a substantial problem for the state.
November 11, 2011
Annuity Players Adopt Their Own Suitability StandardsEven after the defeat of 151A, the annuity industry has seen increased regulatory scrutiny, including California enacting an annuity suitability law. But providers say they welcome it.
November 08, 2011
Moody’s: AIG, MetLife, Prudential Cross SIFI ThresholdMoody's has echoed industry watcher's assumptions that MetLife, AIG, and Prudential will be deemed SIFI. The silver lining is that being designated as a SIFI will limit their ability to assume outsized risk thus bolstering their financial health.
November 02, 2011
Unum Exec Comments on LTCI RatesUnum Chief Financial Officer Richard McKenney says the company's individual LTCI rates will be going up.
October 28, 2011
Crowdfunding Bill Paves Way for Fraud: NASAAA bill that would allow crowdfunding for businesses has regulators worried that investors would be left unprotected.
October 28, 2011
Mich. House Panel Approves Retiree Benefit ChangesLegislation aimed at reining in retiree benefit costs for Michigan state workers was approved Thursday by the Republican-led House Appropriations Committee.
October 26, 2011
Contract Changes Squeeze MolinaA government plan insurer improved its earnings despite a tough negotiating environment.
October 23, 2011
MLPs, Outperformance & Fears Over FrackingMLP insiders believe the industrys efforts to educate drilling-area residents will reduce concerns over time.