State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Ex-Advisor Gets 3 Life Sentences for Bilking Senior Churchgoers in Texas
By Jeff BermanWilliam Neil "Doc" Gallagher, a radio personality, ran a $32 million scam, prosecutors say.
October 06, 2021
8 Tips for Advisors to Avoid Digital Asset Legal, Compliance HeadachesAdvisors must make sure they follow their firms' policies and procedures, as well as legal compliance requirements, attorney Max Schatzow says.
October 06, 2021
NASAA Wants to Rein in Advisors Who Fail to Pay Arb AwardsPublic comments are sought about model rules that could prompt enforcement actions by NASAA members against violators.
October 01, 2021
State Securities Regulators Report Tripling of Digital Asset Enforcement ActionsRegulators also reported almost twice as many cases involving self-directed IRAs in 2020 as a year earlier, according to NASAA.
September 27, 2021
New York State to Get a New Top Insurance RegulatorMeanwhile, the American Academy of Actuaries has a new executive director.
September 23, 2021
Consumers Use Up Washington State's Private LTCI CapacityInsurers have responded to a flood of applications by refusing to take more applications.
September 22, 2021
Self-Directed IRA Scams Are on the Rise, State Securities Regulators WarnLawmakers will join NASAA to examine policy solutions around self-directed IRAs.
September 21, 2021
State-Registered Advisors Lack Policies to Protect Seniors: NASAA ReportAdvisors "must make improvements in recognizing and reporting cases of suspected abuse," said Lisa Hopkins, NASAA president.