State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
September 25, 2024
Vanguard Reaches Proposed Settlement in Target-Date Sell-Off CaseThe lawsuit alleged that the asset manager triggered a "stampede" that handed certain retail customers massive tax bills.
September 23, 2024
JPMorgan Sued Over 'Shockingly' Low Interest on Client CashThe case follows several other proposed class actions over brokerages' cash sweep programs.
September 18, 2024
EF Hutton Says Its Fired CEO Stole MillionsA lawsuit alleges Joseph Rallo used firm money for lavish personal expenses, including IV drips to treat hangovers.
September 18, 2024
12 States With the Lowest Property Tax Rates: 2024What homeowners pay can vary widely, the Tax Foundation reports.
September 17, 2024
Ex-BofA Banker's Murder Trial Postponed to MarchA key detective in the case became unavailable due to pregnancy complications, prosecutors told the court.
September 13, 2024
Ex-Banker Charged With BofA Exec's Murder Faces Trial MondayAnthony Duwayne Turner is charged with killing BofA-Merrill executive Michelle Avan in August 2021.
September 12, 2024
Lawsuit: Schwab Let Scammers Drain Life Savings of 91-Year-Old CustomerSchwab ignored red flags and its own elder financial abuse guidance, the federal lawsuit alleges.
September 09, 2024
These Are the Biggest Causes of State Enforcement Actions, Securities Regulators SayFailure to register was a common charge in 2023, according to NASAA's just-released annual report.
September 06, 2024
Latest IRS Sweep of Wealthy Tax Cheats Has Recovered $172M So FarThe campaign targets high-earning taxpayers who have missed one or more tax returns since 2017.
September 06, 2024
Morgan Stanley to Pay $2M Over Sale of First Republic SharesThe firm failed to ensure the troubled bank's ex-CEO wasn't trading on inside information, says William Galvin.