State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Galvin Charges Fidelity With Failing to Vet Options Traders
By Melanie WaddellThe brokerage allowed customers to reapply with altered information if they were not approved, the Massachusetts regulator says.
January 24, 2022
New York May Develop Life Policy Disclosure RulesThe NAIC gave up on an effort to draft national standards and told states to experiment.
January 21, 2022
New Court Date Set for Suspect in Merrill Exec's MurderThe date for a preliminary hearing in Anthony Duwayne Turner's case has yet to be set, according to the Los Angeles County District Attorney's Office.
January 14, 2022
Ex-Broker Gets 17.5 Years in Prison for 'Masterminding' Ponzi SchemeAt least 1,000 investors were bilked out of more than $100 million over a decade, according to the Justice Department.
January 13, 2022
California to Fine Employers Who Spurn CalSavers Auto-IRAEmployers without a retirement plan and more than 100 employees could be penalized $250 per employee.
January 13, 2022
FINRA Bars Ex-Primerica Rep Accused of Faking CE Completion DocumentsThe Florida Department of Financial Services suspended the ex-broker for six months over the allegations in 2020.
January 12, 2022
Former Stark & Stark Attorneys Launch Law Firm for RIAsMax Schatzow, Cary Kvitka and Ryan Walter are looking to serve advisors with between $100 million and $10 billion in AUM.
January 10, 2022
4 Top Threats Facing Investors in 2022These are the most problematic products, practices and schemes, according to state regulators.