State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Ex-Broker Gets Life in Prison for Crimes Tied to Death of Client
By Jeff BermanKeith Todd Ashley was found guilty of fraud and a gun charge; a murder case is pending.
August 16, 2023
Maine and Colorado Join Forces on Automatic Retirement SavingsColorado SecureSavings and the Maine Retirement Investment Trust have established a first-of-its-kind partnership, officials say.
August 11, 2023
Ex-LPL Broker Gets 4 Years in Prison for Raiding Older Clients' AnnuitiesOne affected client had dementia and another had suffered a traumatic brain injury, according to the Justice Department.
August 03, 2023
JPMorgan, Morgan Stanley Face Regulatory Scrutiny Over AI UseMassachusetts' top securities regulator says he's concerned about "the growing and potentially unchecked use" of AI.
August 01, 2023
Ex-Cetera Advisor Charged With Defrauding Older Client Out of $2.4MThe SEC also alleges the advisor liquidated the client's holdings and transferred the proceeds to her own accounts.
July 27, 2023
Twin Advisors Indicted on Fraud ChargesAdam and Daniel Kaplan are accused of bilking at least 60 clients out of at least $5 million.
July 24, 2023
Advisor Fights SEC in Annuity Switching CaseJeffrey Cutter didn't violate the Advisers Act because he was acting as an insurance agent, his lawyers argue.
July 19, 2023
Insurance Regulators Wrestle With AI SupervisionAn NAIC panel wants insurers to monitor vendors' systems as well as their own.