State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
FINRA Upholds Bar of Ex-Broker Caught Cheating on Series 24 Exam
By Jeff BermanThe ex-broker and compliance officer for a firm in Texas allegedly wrote test information on his driver's license, fingers and forearm.
December 13, 2021
Ex-Broker Charged With Murdering Client May Also Face FINRA SanctionsFINRA filed a complaint against the ex-broker, awaiting trial in prison, after he failed to cooperate with a fraud investigation.
December 13, 2021
7 Worst Bogus Advisors in America: 2021The head of an investment club called Amongst Friends and a dentist were among those accused of running investment scams.
December 07, 2021
Ex-Merrill Rep Who Scammed Pastors Sentenced to 7 Years in PrisonThe former broker had pleaded guilty to one count of securities fraud and admitted to swindling millions of dollars from victims in several states.
December 03, 2021
New York Proposes Surprise Billing CrackdownThe state says plans should hold patients harmless when directories provide incorrect network status information.
November 24, 2021
Ex-Edward Jones Rep Indicted for Allegedly Defrauding Clients Out of $778KRonald Molo used some funds to pay for vehicles, credit card balances and home mortgages, prosecutors say.
November 24, 2021
2 More States Adopt Commission-Friendly Annuity Sales RulesAdvocates of the model hope to ward off the imposition of a broad fiduciary standard.
November 22, 2021
Top Advisor News of 2021Some of the most unfortunate developments in the advice industry this year included crime and alleged discrimination.