California
Get the latest news and insights on California's financial regulations, enforcement actions and litigation.
California Task Force Plows Ahead With Long-Term Care Insurance Effort
By Allison BellThe state is thinking that private plans might pay $3,000 to $6,000 per month for up to two years.
March 14, 2022
10 State Retirement and Annuity Bills to WatchIssues on the table include taxation of annuity income and efforts to update sales standards.
February 15, 2022
Actor Sentenced to 20 Years in Prison Over $650M Ponzi SchemeZach Avery, whose real name is Zachary Joseph Horwitz, was also ordered to pay $230.4 million in restitution.
January 21, 2022
New Court Date Set for Suspect in Merrill Exec's MurderThe date for a preliminary hearing in Anthony Duwayne Turner's case has yet to be set, according to the Los Angeles County District Attorney's Office.
January 13, 2022
California to Fine Employers Who Spurn CalSavers Auto-IRAEmployers without a retirement plan and more than 100 employees could be penalized $250 per employee.
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
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.
November 24, 2021
2 More States Adopt Commission-Friendly Annuity Sales RulesAdvocates of the model hope to ward off the imposition of a broad fiduciary standard.