State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Precious Metals Firm Ordered to Pay $6M Over Hidden Commissions
By Jeff BermanThe firm and its founder allegedly solicited millions in investments while fraudulently charging commissions as high as 33%.
December 20, 2021
FINRA Upholds Bar of Ex-Broker Caught Cheating on Series 24 ExamThe ex-broker and compliance officer for a firm in Texas allegedly wrote test information on his driver's license, fingers and forearm.
December 20, 2021
Washington State Delays Long-Term Care Program LaunchThe governor says the delay will give lawmakers time to improve the program.
December 15, 2021
Ex-Ameriprise Rep Who Defrauded Retirees Gets 14 Years in PrisonThe former broker scammed clients out of over $12 million as part of a real estate investment scheme.
December 13, 2021
Ex-Broker Charged With Murdering Client May Also Face FINRA SanctionsFINRA filed a complaint against the ex-broker, awaiting trial in prison, after he failed to cooperate with a fraud investigation.
December 13, 2021
7 Worst Bogus Advisors in America: 2021The head of an investment club called Amongst Friends and a dentist were among those accused of running investment scams.
December 07, 2021
Ex-Merrill Rep Who Scammed Pastors Sentenced to 7 Years in PrisonThe former broker had pleaded guilty to one count of securities fraud and admitted to swindling millions of dollars from victims in several states.
December 03, 2021
New York Proposes Surprise Billing CrackdownThe state says plans should hold patients harmless when directories provide incorrect network status information.