State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Wealth Tax Bill Gets Hearing in California
By John ManganaroThe bill would tax residents' "worldwide net worth" of $50 million or more, with some exceptions.
January 08, 2024
Estates Sue Over $26M in Life Policies Held by U.S. BankThe plaintiffs call the policies stranger-originated and maintain that investors have no right to the death benefits.
January 04, 2024
IMF Economists: Bermuda Rules Make Annuity Issuers Look BetterThe economists wish all jurisdictions required the kinds of detailed investment reports that U.S. regulators get.
December 29, 2023
When Is the Right Time to Ask Clients About Writing a Will?A new report finds context matters a lot when it comes to this basic step in legacy planning.
December 19, 2023
Genworth Sued Over Notice Sent to Insured With Cognitive ImpairmentThe plaintiff asserts that use of a benefits change form amounted to financial abuse of an elder.
December 18, 2023
BlackRock Sued by Tennessee Over 'Misleading' ESG StrategyThe lawsuit is the first by a GOP official against an investment firm for its ESG strategy.
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
Insurers Responsible for Vendors' AIs: StatesIn a new bulletin, regulators warn that using other firms' emerging tech is no excuse for bad behavior.