New York
Get the latest news and insights on New York's financial regulations, enforcement actions and litigation.
Offering Multiple Product Versions May Discriminate, N.Y. Official Warns
By Allison BellAdrienne Harris, the state's superintendent, said insurers have to make their product menus fair.
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.
April 10, 2023
Firm Founder Sentenced to 15 Years in Prison For FraudThe ex-Infinity Q Capital Management CIO was sentenced for his role in a mismarking scheme.
March 15, 2023
DOJ Arrests Chinese Billionaire and Steve Bannon Associate in $1B Fraud SchemeExiled businessman Guo Wengui, an associate of the former White House advisor, was "a serial fraudster," according to the SEC.
March 12, 2023
U.S. Rushes to Avert Crisis With SVB Deposit Guarantee, Bank FundFederal authorities moved to address concerns Sunday, when Signature Bank was closed by state regulators.
February 22, 2023
SEC Calls for Proceedings Against Imprisoned Ex-BrokerThe former broker was convicted of defrauding the oldest Black-owned insurance company in the U.S.
January 24, 2023
5 New York State Annuity Bills to WatchOne could double the state income tax exemption for payments from individual retirement annuities.
January 19, 2023
New Bill Would Raise Capital Gains Tax on Wealthy New YorkersThe new 7.5% tax could apply to single New York residents with a taxable income of over $400,000.