State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Regulators Need a Fictional Variable Annuity Issuer
By Allison BellThe NAIC plans to hire consultants to design a "variable annuity model office."
June 22, 2022
Agent Wins Democratic Insurance Commissioner Runoff in GeorgiaJanice Laws Robinson is set to face off against John King, the Republican incumbent, in November.
June 21, 2022
July Court Date Set for LPL Network Firm Employee Charged With Double MurderRamy Fahim is charged with killing his co-worker at an LPL Network RIA firm and the co-worker's roommate.
June 17, 2022
New Principal Financial General Counsel Was a Prosecutor: Executive ChangesUSAA, MetLife and PartnerRe also have personnel news.
June 13, 2022
Wells Fargo in Criminal Probe Over Fake Job Interviews: ReportThe U.S. attorney's office in Manhattan is investigating, according to The New York Times.
June 13, 2022
South Carolina Withdraws From Interstate Insurance CompactThe state has objected to how the compact is handling long-term care insurance rate increase requests.
June 08, 2022
Incumbent Ricardo Lara Leads in California Insurance Commissioner PrimaryThe winner could play a major role in whether the U.S. moves toward a non-variable annuity sales standard.
June 07, 2022
Fake Financial Advisor Gets 4.5 Years in Prison for FraudThe defendant used some of the $3 million scammed from clients for gambling and to make Ponzi payments.