State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Supreme Court Sides With States in Drug Benefits Ruling
By Allison BellThe justices held that Arkansas can set payment rules that affect ERISA plans' pharmacy benefits managers.
December 07, 2020
Merrill to Pay Record $26M to Settle Churning CaseThe firm failed to supervise an ex-broker who allegedly traded excessively in clients' accounts without authorization, New Hampshire regulators say.
December 07, 2020
Goldman Plans to Move Asset Managers From New York to This StateThe deliberations at the Wall Street icon, often a trendsetter for the industry, are aimed at cutting costs.
December 04, 2020
Draft Suitability Guide Could Shape How States Regulate Annuity SalesArizona, Iowa and Rhode Island have already adopted the NAIC's model update. Commenters, including Michael Kitces, speak up.
December 04, 2020
Illinois Insurance Director to Leave Post: Personnel MovesPrincipal, Anthem, Oscar, FamilyWealth and GoHealth also have personnel moves announcements.
December 03, 2020
10 Worst State COVID-19 Death Rates, From a Leaked Government ReportAn advocacy group posts the closely held 50-state version of a recent White House Coronavirus Task Force report.
December 01, 2020
Delaware Floats 'Best Interest' Rule for Annuity SalesLike rules adopted by Arizona, Iowa and Rhode Island, Delaware's proposal would align with the SEC's Regulation Best Interest.
November 30, 2020
NASAA Adopts Rule on CE Credits for Investment AdvisorsThe group's model rule requires IARs to take 12 hours of continuing education each year.