State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
South Carolina Moves to Stop Elder Financial Abuse
By Janet LevauxThe legislation, supported by LPL Financial, is based on NASAA's Model Act of 2016.
June 04, 2021
Why SEC Actions Against CCOs Could Boost Bad BehaviorAnxiety around personal liability is leading CCOs to pull back from their firms or find other jobs, according to the New York Bar Association.
June 03, 2021
Dually Registered Firm Must Pay SEC $1.2M Over 12b-1 FeesCentaurus Financial breached its duty to seek best execution, the SEC said.
June 02, 2021
SBA Closes PPP Loan ProgramWhile the PPP had its problems, clients who used it found it beneficial, planner Leon LaBrecque said.
May 27, 2021
Judge Leaves Fate of Mass. Fiduciary Rule Unclear in Robinhood CaseBut the judge allowed the state's case against the brokerage to proceed.
May 21, 2021
Top 8 News Stories of the WeekThis week's biggest news stories include trading accounts for teenagers and the naming of future CEO candidates for two big banks.
May 12, 2021
DOL Withdrawal of Independent Contractor Rule Threatens Indie Advisor Business Model: FSIDOL's decision to withdraw the rule stands to increase costs for advisors and their firms, FSI's David Bellaire tells ThinkAdvisor.
April 30, 2021
Barred Long Island Broker Charged in Pre-IPO Share ScamThe broker and his partner allegedly took $436,000 from investors who thought they were buying shares of Peloton, WeWork or Airbnb.