State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
DBRS Morningstar Looks at What CLOs Could Do to Annuities
By Allison BellThe analysts think bundles of business loans will stay popular. An Equitable risk tracker has concerns.
June 26, 2023
12 Best States for Millennials to Live: 2023A new study from WalletHub shows where millennials are thriving and where they are struggling.
June 09, 2023
Ex-RBC, Ameriprise Broker Charged With Kidnapping Is Barred by FINRARBC fired Scott Matalon after he was arrested; the bar stems from a client complaint at Ameriprise.
June 09, 2023
Connecticut Lawmakers Approve Historic Tax CutThe tax cut will benefit 1 million filers, or almost 60% of all filers, according to a statement from Governor Ned Lamont.
June 08, 2023
New York Regrets How It Regulated Long-Term Care Insurance RatesOfficials say they want to keep the issuers solvent and revive the LTCI market.
June 08, 2023
Ex-Morgan Stanley Advisor Pleads Guilty to Money LaunderingThe ex-broker took more than $1.5 million from two close relatives who were clients, the prosecutor said.
June 07, 2023
California Annuity Sales Rule Bill Faces Consumer Group OppositionThe consumer groups want to require agents to disclose cash compensation.
June 06, 2023
Preliminary Hearing Set for LPL Network Firm Employee Charged in Double MurderThe next preliminary hearing for Ramy Fahim will be Aug. 15.