State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
New Jersey Orders Second Firm to Stop Selling Crypto Products
By Bernice NapachCelsius Network's accounts, in which customers deposit cryptocurrencies and are paid interest, are unregistered securities, the state says.
August 31, 2021
California Supreme Court Applies Life Policy Termination Rules to Pre-2013 PoliciesThe court says the state's grace period and notice law affect policies issued before the Jan. 1, 2013, effective date.
August 31, 2021
2 Veteran South Florida Lawyers Sentenced for Financial FraudThe fraud affected more than 3,600 investors in 42 states, prosecutors say.
August 30, 2021
Consumer Federation of America Starts Search for Roper's ReplacementMike Canning, director of policy at NASAA, will be joining the consumer group in a consulting capacity.
August 20, 2021
Health Care Group to Pay $2M for Misleading ClientsHealth Plan Intermediaries Holdings left consumers with limited coverage and tens of thousands of dollars in bills, says California's insurance commissioner.
August 17, 2021
RIAs Took $36M in Excess PPP Loans: StudyIn another study on PPP loan fraud, 45% of loans by fintech lenders were deemed questionable.
August 13, 2021
Ex-Merrill Broker Gets 3.5 Years in Prison for Defrauding ClientsOne of the swindled clients had received a $5 million settlement for being wrongly convicted of kidnapping and murder.
August 12, 2021
Maryland Securities Commissioner Lubin Elected NASAA PresidentLubin will assume the new role on Sept. 21.