California
Get the latest news and insights on California's financial regulations, enforcement actions and litigation.
Schwab Asks Court to Dismiss Class-Action Suit Over Cash Sweeps
By Jeff BermanThe firm says the case should be dismissed "for lack of jurisdiction" and a "failure to state a claim on the merits."
August 10, 2021
Jefferson National to Pay $150K Penalty Over Annuity SalesThe life insurer also will repay $14,000 to an 86-year-old consumer who purchased an annuity she didn't understand.
June 03, 2021
Dually Registered Firm Must Pay SEC $1.2M Over 12b-1 FeesCentaurus Financial breached its duty to seek best execution, the SEC said.
May 12, 2021
DOL Withdrawal of Independent Contractor Rule Threatens Indie Advisor Business Model: FSIDOL's decision to withdraw the rule stands to increase costs for advisors and their firms, FSI's David Bellaire tells ThinkAdvisor.
February 05, 2021
Lawsuit Alleges Broad Conspiracy on GameStop Trading RestrictionsInvestors are suing nearly three dozen defendants including Robinhood, Schwab, Apex Clearing and Citadel.
February 01, 2021
How Ace Stock Picker John Buckingham Reacted to GameStop SqueezeThe longtime value investor tells ThinkAdvisor some of his 2021 stock picks and discusses why he's optimistic now.
November 19, 2020
Kamala Harris' Former Policy Chief Gives Peek Into New White House PrioritiesDaniel Suvor, who worked with Harris in California, discusses what he expects to see on the next White House's to-do list.
April 07, 2020
How California's Privacy Act Impacts AdvisorsAdvisors doing business in the Golden State should review the many tasks needed to protect client information this year and next.