State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Ex-Broker Charged With Murdering Client May Also Face FINRA Sanctions
By Jeff BermanFINRA filed a complaint against the ex-broker, awaiting trial in prison, after he failed to cooperate with a fraud investigation.
December 03, 2021
New York Proposes Surprise Billing CrackdownThe state says plans should hold patients harmless when directories provide incorrect network status information.
November 24, 2021
Ex-Edward Jones Rep Indicted for Allegedly Defrauding Clients Out of $778KRonald Molo used some funds to pay for vehicles, credit card balances and home mortgages, prosecutors say.
November 24, 2021
2 More States Adopt Commission-Friendly Annuity Sales RulesAdvocates of the model hope to ward off the imposition of a broad fiduciary standard.
November 22, 2021
Top Advisor News of 2021Some of the most unfortunate developments in the advice industry this year included crime and alleged discrimination.
November 22, 2021
Bogus Broker Who Threatened to Kill Disabled Client Gets 5-Plus Years Behind BarsGregg Brie admitted to embezzling funds from three victims, two of whom lived in his New York apartment complex.
November 18, 2021
Robinhood Sued Over Data BreachThe 7 million affected customers face a lifetime risk of identity theft due to the firm's failure to safeguard data, the suit maintains.
November 17, 2021
Bogus Broker Pleads Guilty to Securities Fraud, Faces Up to 25 Years in PrisonThe scammer posed as a broker and obtained over $2.7 million from at least 19 investors, prosecutors say.