State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Wells Fargo Data Breach Was Blunder by Lawyer
By Christine Simmons, New York Law JournalA massive Wells Fargo customer data breach was not the work of a hacker, but of the bank's own lawyer.
July 05, 2017
Cybersecurity Requires a Collaborative ApproachNews headlines remind us that cyberattacks are among our greatest global threats. That's why cybersecurity requires collaboration between industry and regulators.
July 05, 2017
Volvo Vaults to Volts, Planning to Pull Plug on Gasoline EnginesVolvo plans to offer only electric or hybrid models starting in 2019 and manufacture its last full-gasoline or diesel car by around 2025.
July 05, 2017
Illinois Senate Overrides Governor's Veto of Spending, Tax BillsThe state's Medicaid program has been competing with public employee pension plans for cash.
July 04, 2017
New Jersey Sets Horizon Blue Reserve Cap'Excess' cash was going to go to the state. Now, it will go toward meeting enrollees' needs.
July 03, 2017
Illinois Rushes to Enact Budget as Threat of Junk Rating LoomsA federal judge has ordered the state to come up with cash for its Medicaid program.
July 01, 2017
New Jersey Shuts Down Government Over Fight With Blue CrossThe governor wants to make Horizon Blue the state's "insurer of last resort," and use $300 million of its reserves.
June 29, 2017
DOL Releases Fiduciary Rule Request for InformationComments could lead to new exemptions or changes to the fiduciary rule and PTEs, as well as extending the Jan. 1 compliance date.