State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
January 30, 2024
What Vestwell's CEO Told World Leaders at DavosIt's not every day that a retirement industry executive is asked to speak at the World Economic Forum.
January 29, 2024
Federal Court Rules in Favor of Allstate in Privacy CaseThe suit is part of a big wave of California cases aimed at companies that used standard traffic analysis services.
January 28, 2024
Calling Clients About Life and Annuities? There Are Laws for ThatThe penalty for a violation can range from $500 to $20,000.
January 26, 2024
Planner Accused of Buying House With $2M in Client FundsThe unregistered planner and an investment advisor received a cease-and-desist order in Indiana.
January 24, 2024
He Fled California Taxes. Now He's Fighting Them in WashingtonWashington has no state income tax but does have a 7% levy on capital gains over $250,000, which raised $900 million its first year.
January 19, 2024
Consumer Groups Attack Annuity Bill in California"It feels like the fix is in" on an NAIC model-based bill, the director of one group said.
January 18, 2024
Bill That Could Narrow CFPB's Insurance Authority Is BackThe bill would keep the bureau from overseeing the insurance activities of persons overseen by state insurance regulators.
January 18, 2024
Ex-Citi Advisor Charged With Fraud in Film Investment SchemeHelen Caldwell solicited clients to invest in her movie projects and spent their money on herself, prosecutors say.
January 18, 2024
Robinhood to Pay $7.5M Over 'Gamification' PracticesThe case resolves a three-year fight with the Massachusetts Securities Division; Robinhood also admitted to a data breach.
January 10, 2024
Wealth Tax Bill Gets Hearing in CaliforniaThe bill would tax residents' "worldwide net worth" of $50 million or more, with some exceptions.