State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Top State Court Revives New York Annuity Sales Standards
By Allison BellThe new ruling hinges on the meaning of terms such as "recommendation" and "best interest."
October 12, 2022
Ex-RIA Comptroller in Father-Daughter Ponzi Scheme Gets 6-Year SentenceThe former comptroller's father, an ex-Securities America broker, was previously sentenced to 13 years in prison.
October 10, 2022
Ex-Edward Jones Broker Who Scammed Clients Permanently Blocked From Securities BusinessRonald T. Molo was previously indicted for defrauding three investors out of about $800,000.
October 07, 2022
Get Ready: FINRA's New CE Rules Start in JanuaryThe regulatory element will now be an annual requirement — and will likely zero in on Reg BI.
October 07, 2022
Ex-Broker Found Guilty of Fraud Related to Murder of ClientKeith Todd Ashley was charged with murder while under investigation in a suspected fraud scheme.
October 04, 2022
Will NASAA's REIT Plan Sync With Reg BI? — SEC RoundupAnya Coverman of the Institute for Portfolio Alternatives discusses the two competing models of regulating nontraded REITs.
September 30, 2022
SEC Smites Pastor of Fake Church Over Ponzi SchemeThe Church for the Healthy Self held no religious services but ran an investment program promising 12% returns.
September 28, 2022
Madoff Victims to Get $372M in New PaymentsThe eighth payment from the U.S. Justice Department's Madoff Victim Fund increases the total recovery to $4 billion.