State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
LIMRA, LOMA Offer Online 'Best Interest' Training for NY Reg 187
By Elizabeth FestaNew York's best interest and suitability regulation, which takes hold Aug. 1, is being challenged in court.
May 24, 2019
Florida Wins Big as Wealthy Leave Northern StatesThe Sunshine State nets $17.2 billion from inbound moves vs. outbound.
May 22, 2019
NASAA Adopts Cyber, Privacy Model Rule, Releases Annual ReportNASAA is also exploring a continuing education requirement for IARs.
May 13, 2019
States Put Teva at Center of Drug Price-Fixing CaseThe plaintiffs say some drug prices increased by more than 1,000%.
May 07, 2019
Raymond James CEO Opposes State Fiduciary StandardsPaul Reilly explained how regulatory pressures—and state fiduciary laws in particular—are advisors' biggest concerns.
May 07, 2019
OCC Mulls Fiduciary Regulations Similar to State Trust LawsThe OCC is seeking comments on whether to update the definition of "fiduciary capacity." Also, NAIFA awaits a decision in its New York fiduciary case.
April 23, 2019
NJ Fiduciary Plan 'Far Exceeds' Other Rules: LawyersEven the now-defunct Labor fiduciary rule didn't go as far, according to the Groom Law Group.
April 17, 2019
New Jersey, Nevada Likely to Pass Fiduciary Rules: AttorneyUnlike the rule that was defeated in Maryland, the New Jersey proposal "doesn't need votes, per se," a lawyer says.