State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Health Care Group to Pay $2M for Misleading Clients
By Michael S. FischerHealth Plan Intermediaries Holdings left consumers with limited coverage and tens of thousands of dollars in bills, says California's insurance commissioner.
August 12, 2021
Maryland Securities Commissioner Lubin Elected NASAA PresidentLubin will assume the new role on Sept. 21.
August 10, 2021
Jefferson National to Pay $150K Penalty Over Annuity SalesThe life insurer also will repay $14,000 to an 86-year-old consumer who purchased an annuity she didn't understand.
August 09, 2021
Biden Extends Federal Student Loan Payment PauseThe hold on federal student loan repayments, interest and collections has been extended until Jan. 31, 2022.
July 30, 2021
CFP Board Weighs Monetary Penalties in Tougher Sanctions PlanBy imposing monetary penalties, the board would be acting like a regulator, which, by law, it's not, Michael Kitces says.
July 22, 2021
Schwab Charged for Failure to Stop Lapsed Advisor From Collecting FeesA third-party advisor continued to collect fees from Schwab clients for years after his registration lapsed, Massachusetts regulators said.
July 20, 2021
N.J. Regulator Orders BlockFi to Stop Opening New AccountsThe New Jersey Bureau of Securities says the crypto firm's BlockFi Interest Accounts are unregistered securities.