State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Robinhood Reaches Settlement of Suits Over 2020 Trading Outage
By Steve StrothMultiple investors sued Robinhood in several states, mostly alleging restrictions by the trading platform that amounted to a breach of contract.
May 20, 2022
Wells Fargo Ordered by Arb Panel to Pay Ex-Credit Suisse Rep Over $987KThe broker accused the wirehouse of "aiding and abetting Credit Suisse's scheme to steal" his deferred compensation.
May 19, 2022
June Court Date Set for Suspect in BofA Exec Michelle Avan's KillingThe next hearing for Anthony Duwayne Turner will be June 17, according to the L.A. Superior Court.
May 19, 2022
Allianz Fund Managers' Paydays Could Be Followed by PrisonProsecutors say Tournant told investors safety was his top priority but secretly took undisclosed risks, resulting in fraud that cost them $7 billion.
May 17, 2022
More Reg BI Rollover Guidance Likely on Its Way: SEC ChiefThe agency may elaborate on guidance it gave in March, Gary Gensler said at a NASAA conference.
May 12, 2022
House Passes Bill to Fund State Efforts to Protect Older InvestorsHouse also passed The Small Business Mergers, Acquisitions, Sales, and Brokerage Act.
May 11, 2022
NJ Advisor Charged With Attempted Robbery, Impersonating PoliceAnthony Naso was charged after a year-and-a-half long investigation.
May 09, 2022
Bill to Fund States' Anti-Fraud Efforts Up For House VoteUnder the bill, the SEC would implement a grant program to help states protect older investors.