State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
CFP Exams Start Nov. 2
By Melanie WaddellRegistration deadline for the November exam is Oct. 19.
July 30, 2021
CFP Board Weighs Monetary Penalties in Tougher Sanctions PlanBy imposing monetary penalties, the board would be acting like a regulator, which, by law, it's not, Michael Kitces says.
July 22, 2021
Schwab Charged for Failure to Stop Lapsed Advisor From Collecting FeesA third-party advisor continued to collect fees from Schwab clients for years after his registration lapsed, Massachusetts regulators said.
July 20, 2021
N.J. Regulator Orders BlockFi to Stop Opening New AccountsThe New Jersey Bureau of Securities says the crypto firm's BlockFi Interest Accounts are unregistered securities.
July 15, 2021
Private Student Loans Can Be Discharged in Bankruptcy, 2nd Circuit RulesA unanimous panel of the court held that the loans did not qualify as the type of "educational benefit" that can be exempted from discharge.
July 15, 2021
Trendspotter: Advisor Fee Structures Are ShiftingAdvisors have become more likely to offer fixed fees and hourly fees in addition to asset-based fees. Here's why.
July 06, 2021
South Carolina Moves to Stop Elder Financial AbuseThe legislation, supported by LPL Financial, is based on NASAA's Model Act of 2016.
July 06, 2021
FINRA Bars Ex-Broker Whose Assistant Took CE Classes for HimThe former HTK rep testified that he "blindly forwarded" emails about the training to his assistant due to heavy sales demands.