State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
New York State Dings Nationwide Over Immediate Annuity Sales
By Allison BellEmpire State regulators say shifting assets from a deferred contract to an immediate contract is still an exchange.
May 19, 2022
Allianz Fund Managers' Paydays Could Be Followed by PrisonProsecutors say Tournant told investors safety was his top priority but secretly took undisclosed risks, resulting in fraud that cost them $7 billion.
May 17, 2022
More Reg BI Rollover Guidance Likely on Its Way: SEC ChiefThe agency may elaborate on guidance it gave in March, Gary Gensler said at a NASAA conference.
May 12, 2022
House Passes Bill to Fund State Efforts to Protect Older InvestorsHouse also passed The Small Business Mergers, Acquisitions, Sales, and Brokerage Act.
May 11, 2022
NJ Advisor Charged With Attempted Robbery, Impersonating PoliceAnthony Naso was charged after a year-and-a-half long investigation.
May 09, 2022
Bill to Fund States' Anti-Fraud Efforts Up For House VoteUnder the bill, the SEC would implement a grant program to help states protect older investors.
May 09, 2022
June Court Date Set for LPL Network Firm Employee Charged in Double MurderRamy Hany Mounir Fahim was charged with killing his co-worker at Pence Wealth Management and the co-worker's roommate.
May 06, 2022
UBS Must Pay Clients $3.9M Over YES Options StrategyA FINRA arbitration panel ruled against the wirehouse in another dispute over its Yield Enhancement Strategy.