State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
September 06, 2023
10 States the Young and Wealthy Are Fleeing: 2023Here's where high earners age 26-35 are leaving faster than they can be replaced, according to SmartAsset.
September 06, 2023
Northwestern Mutual Fined in N.H. Over Marketing EmailsAgents in New Hampshire sent misleading emails to prospects, some of whom lived out of state, regulators said.
August 30, 2023
NASAA to Allow 5-Year Breaks for Brokers, IARsEligible individuals can maintain their Series 63 license; a similar extension is planned for the Series 65.
August 30, 2023
Ex-Morgan Stanley Exec Says He Was Fired for Being WhiteIn a lawsuit, Kevin Meyersburg alleges that the wirehouse replaced him with a less-qualified Black woman.
August 28, 2023
Ex-Broker Appeals Life Sentence for Crimes Tied to Death of ClientThe former broker's attorney filed a notice of appeal tied to the sentence, alleging the Justice Department "overreached."
August 25, 2023
California Warns Against Dishonest Marketing Tied to Long-Term Care ProposalThe state says basing promotions on a program that does not exist is deceptive.
August 25, 2023
Life Settlements: Letters of CompetencyThe client who wants to sell a policy needs the capacity to do that.
August 25, 2023
Massachusetts Fiduciary Rule Upheld by Top CourtThe ruling "is a Fenway Park Red Sox grand slam home run" for investors and state regulators, said a fiduciary expert.
August 24, 2023
Arraignment Set for LPL Network Firm Employee Charged in Double MurderAn arraignment for Ramy Fahim, who could face the death penalty, will be held Sept. 6.
August 18, 2023
12 States the Young and Wealthy Are Flocking ToBusinesses, governments and advisors in these states are benefiting from the inflow of young, rich professionals.