Texas
Get the latest news and insights on financial regulations, enforcement actions and litigation in Texas.
Texas to Take On NYSE With New Stock Exchange
By Julie Fine, Shelly Hagan and Katherine DohertyThe Texas Stock Exchange has raised $120 million from backers including BlackRock and Citadel.
December 18, 2023
10 Worst Financial Advisors in America: 2023While most advisors make clients' lives better, others stand accused of financial crimes — and worse.
December 05, 2023
Ex-Schwab Employee Alleges Racial, Religious DiscriminationAmong other contentions, the ex-employee says Schwab failed to accommodate his religiously required vegan diet.
October 20, 2023
Texas to Vote on Wealth Tax Ban in NovemberVoters will decide on a constitional amendment banning wealth taxation at the state level.
August 28, 2023
Ex-Broker Appeals Life Sentence for Crimes Tied to Death of ClientThe former broker's attorney filed a notice of appeal tied to the sentence, alleging the Justice Department "overreached."
August 18, 2023
12 States the Young and Wealthy Are Flocking ToBusinesses, governments and advisors in these states are benefiting from the inflow of young, rich professionals.
August 18, 2023
Ex-Broker Gets Life in Prison for Crimes Tied to Death of ClientKeith Todd Ashley was found guilty of fraud and a gun charge; a murder case is pending.
June 08, 2023
Ex-Morgan Stanley Advisor Pleads Guilty to Money LaunderingThe ex-broker took more than $1.5 million from two close relatives who were clients, the prosecutor said.