State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
States to Send New CEO Into Annuity Sales Standards Fight
By Allison BellThe NAIC has picked Gary Anderson of Massachusetts to lead its staff.
March 07, 2024
Consumer Advocate to NAIC: Open the CurtainsBirny Birnbaum, an NAIC watcher, wonders what's happening behind closed doors at the group's upcoming meeting.
March 05, 2024
Federal Appeals Court Lets Universal Life Rate Suit ContinueAn insurer might have to include mortality in cost-of-insurance rate scale updates, an 11th Circuit panel ruled.
March 01, 2024
5 Top Threats State Securities Regulators Are Watching NowThese new and ongoing scams are the top threats to investors this year, the regulators say.
February 29, 2024
California Governor Signs Annuity Best Interest Sales Rule BillGavin Newsom's support for the NAIC approach could stop the DOL fiduciary definition proposal.
February 29, 2024
Ex-Morgan Stanley Advisor Says Co-Worker Proposed Honeypot SchemeThe co-worker wanted her "to use her sex and her looks" to attract clients, a lawsuit says.
February 26, 2024
Advisor Accused of Taking $1.6M Faces Wire Fraud ChargeProsecutors allege that the wealth manager misappropriated client funds, using them for her real estate business.
February 23, 2024
California Legislature OKs Annuity Sales Rule UpdateApproval gives Gov. Gavin Newsom a chance to weigh in on financial services regulation.