State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Ex-CEO Sentenced to 13 Years in Prison for Defrauding Investors
By Jeff BermanDavid P. Godwin, who formerly led the telecom firm ContinuityX, also much pay restitution of $9.3 million.
October 27, 2021
Stock Trader Charged With Securities Fraud in Twitter Pump-and-Dump SchemeThe Ohio stock promoter used the social network for his over-the-counter penny stock scam, DOJ and SEC allege in separate actions.
October 18, 2021
2 Crypto-Lending Firms Ordered Shut by N.Y. Attorney GeneralRegulators in several states are taking aim at crypto lending firms, which have rapidly gathered tens of billions of dollars.
October 06, 2021
8 Tips for Advisors to Avoid Digital Asset Legal, Compliance HeadachesAdvisors must make sure they follow their firms' policies and procedures, as well as legal compliance requirements, attorney Max Schatzow says.
October 06, 2021
NASAA Wants to Rein in Advisors Who Fail to Pay Arb AwardsPublic comments are sought about model rules that could prompt enforcement actions by NASAA members against violators.
October 01, 2021
State Securities Regulators Report Tripling of Digital Asset Enforcement ActionsRegulators also reported almost twice as many cases involving self-directed IRAs in 2020 as a year earlier, according to NASAA.
September 27, 2021
New York State to Get a New Top Insurance RegulatorMeanwhile, the American Academy of Actuaries has a new executive director.
September 23, 2021
Consumers Use Up Washington State's Private LTCI CapacityInsurers have responded to a flood of applications by refusing to take more applications.