State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Consumer Federation of America Starts Search for Roper's Replacement
By Melanie WaddellMike Canning, director of policy at NASAA, will be joining the consumer group in a consulting capacity.
August 13, 2021
Ex-Merrill Broker Gets 3.5 Years in Prison for Defrauding ClientsOne of the swindled clients had received a $5 million settlement for being wrongly convicted of kidnapping and murder.
August 12, 2021
Maryland Securities Commissioner Lubin Elected NASAA PresidentLubin will assume the new role on Sept. 21.
August 10, 2021
Jefferson National to Pay $150K Penalty Over Annuity SalesThe life insurer also will repay $14,000 to an 86-year-old consumer who purchased an annuity she didn't understand.
August 09, 2021
Biden Extends Federal Student Loan Payment PauseThe hold on federal student loan repayments, interest and collections has been extended until Jan. 31, 2022.
July 30, 2021
CFP Board Weighs Monetary Penalties in Tougher Sanctions PlanBy imposing monetary penalties, the board would be acting like a regulator, which, by law, it's not, Michael Kitces says.
July 22, 2021
Schwab Charged for Failure to Stop Lapsed Advisor From Collecting FeesA third-party advisor continued to collect fees from Schwab clients for years after his registration lapsed, Massachusetts regulators said.