State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Some State Lawmakers Troubled by Private Equity's Growing Life & Annuity Stake
By Allison BellSome legislators worry private equity fund deals might be moving blocks of business from strong insurers to less-credible insurers.
July 06, 2022
Vanguard to Pay $6.25M Over TDF Tax Bills in MassachusettsA massive cut to investment minimums for institutional shares left small investors with a huge tax liability.
July 06, 2022
Barred Broker Who Did Merrill Stint Indicted in $100M Crypto ScamJoshua David Nicholas and two other defendants were charged with conspiracy to commit wire fraud and securities fraud.
June 27, 2022
Regulators Need a Fictional Variable Annuity IssuerThe NAIC plans to hire consultants to design a "variable annuity model office."
June 27, 2022
Offshore Reinsurers Back Many of Your Clients' Life and Annuity ArrangementsNorthwestern Mutual wants to see the regulators keep use of offshore reinsurance from affecting insurers' solvency.
June 22, 2022
New York State Life Beneficiaries File COVID-19 Grace Period SuitThe beneficiaries say insurers had a duty to provide clear information about a grace period extension.
June 22, 2022
Agent Wins Democratic Insurance Commissioner Runoff in GeorgiaJanice Laws Robinson is set to face off against John King, the Republican incumbent, in November.
June 21, 2022
July Court Date Set for LPL Network Firm Employee Charged With Double MurderRamy Fahim is charged with killing his co-worker at an LPL Network RIA firm and the co-worker's roommate.