State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Oppenheimer Ordered to Pay Another $14M Over Ponzi Scheme
By Jeff BermanA FINRA arb panel ruled against Oppenheimer for a third time after clients were steered to invest in a sketchy fund.
May 04, 2023
NAIFA to Move HeadquartersThe agent and advisor group's new neighbors could include Politico and Raytheon.
May 04, 2023
Get Ahead of the California AB 567 Long-Term Care CurveA public state LTC program could help clients, or trap them.
May 03, 2023
$20M Securities Scam Targeted Church Members, DOJ, SEC SayThe scammer invoked his Christian faith and attributed his success to divine intervention, the SEC said.
May 01, 2023
Senate Notarization Bill Could Simplify Digital BusinessA California notary group worries it could increase the risk of identity theft.
May 01, 2023
Stifel Fined $2.5M Over Broker's Shady Trades for Seniors, ChurchStifel allowed a broker to reap excessive fees and commissions for years, Massachusetts regulators say.
April 21, 2023
Ex-Morgan Stanley, Schwab Broker Arrested on Child Porn ChargesRandall Kiefer has been charged with 21 counts related to child porn.
April 18, 2023
Making Sense of the NAIC Risk Oversight LandscapeHow regulators are managing life and annuity issuers' investments is changing.