State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Wisconsin Could OK Annuity Suitability Update Soon
By Allison BellNew Mexico and South Dakota recently joined the best interest standard adoption list.
February 17, 2022
Galvin Charges PKS Investments Over Reps' Leveraged ETF SalesPKS failed to supervise its dually registered BD agents' outside business activities, Massachusetts' top securities regulator said.
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 28, 2022
Why a Privacy Checkup Can Keep You Out of TroubleHere's how to comply with Regulation S-P, which requires that advisors issue privacy notices and protect clients' personal information.
January 27, 2022
NASAA Names New Director of PolicyKristen Hutchens played a key role in securing the recent introduction of a recent senior-protection bill.
January 26, 2022
Galvin Charges Fidelity With Failing to Vet Options TradersThe brokerage allowed customers to reapply with altered information if they were not approved, the Massachusetts regulator says.
January 25, 2022
Ex-UBS Broker Spent $4.6M of Client Money on Gifts for Women: SECThe former broker is charged with defrauding a family out of more than $5 million.
January 25, 2022
Vanguard, Other BDs Under Scrutiny Over Target Date Fund Tax BillsAmerican Funds, BlackRock, Fidelity and T. Rowe Price are also targets of the sweep by William Galvin in Massachusetts.