State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
May 23, 2023
Ex-Mutual Fund Head Sentenced to 4 Years in Prison for Advisor FraudThe Income Collecting 1-3 Months T-Bills Mutual Fund was used to defraud investors, a judge ruled.
May 18, 2023
First Command Sues LPL Over Alleged Advisor PoachingThe military-focused firm says LPL recruited three of its advisors and caused them to violate agreements.
May 18, 2023
Next Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill ExecA preliminary hearing for Anthony Duwayne Turner, charged with killing Michelle Avan, was postponed until May 29.
May 09, 2023
5 Texas Annuity Bills to WatchOne thing lawmakers there are thinking about: Efforts to mix insurance and politics.
May 05, 2023
Oppenheimer Ordered to Pay Another $14M Over Ponzi SchemeA FINRA arb panel ruled against Oppenheimer for a third time after clients were steered to invest in a sketchy fund.
May 04, 2023
Florida's DeSantis Swings Back at ESG With New LawThe new House Bill 3 could create complications for investment managers in a wide range of practices.
May 04, 2023
Merrill to Pay $1.4M Over Cold CallingAdvisor trainees called numbers on do-not-call lists, according to New Hampshire regulators and FINRA.
May 04, 2023
NAIFA to Move HeadquartersThe agent and advisor group's new neighbors could include Politico and Raytheon.
May 04, 2023
Get Ahead of the California AB 567 Long-Term Care CurveA public state LTC program could help clients, or trap them.
May 03, 2023
$20M Securities Scam Targeted Church Members, DOJ, SEC SayThe scammer invoked his Christian faith and attributed his success to divine intervention, the SEC said.