New York
Get the latest news and insights on New York's financial regulations, enforcement actions and litigation.
Wave of Tax-Hike Bills to Debut in Statehouses Thursday
By Melanie WaddellLawmakers in seven states plan to propose tax hikes on the wealthy, including taxes on unrealized capital gains.
November 15, 2022
New York Proposes Cybersecurity Rule UpdateRequirements may ease for former insurance brokers but tighten for big companies.
November 12, 2022
Ex-Broker Pleads Guilty To Stealing $500K From ClientsJennifer Campbell, 47, faces a maximum penalty of 20 years in prison and a $250,000 fine.
October 31, 2022
Barred Broker Sentenced to 5 Years for Fraud That Shuttered Life Insurance FirmThe ex-broker scammed a life insurance company that was his client, leading it to be forced into liquidation.
October 25, 2022
Top State Court Revives New York Annuity Sales StandardsThe new ruling hinges on the meaning of terms such as "recommendation" and "best interest."
October 24, 2022
Ex-MassMutual Broker Pleads Guilty to Defrauding ClientsThe barred broker used a client's funds to pay down his own debt and for personal travel.
October 12, 2022
Ex-RIA Comptroller in Father-Daughter Ponzi Scheme Gets 6-Year SentenceThe former comptroller's father, an ex-Securities America broker, was previously sentenced to 13 years in prison.
September 28, 2022
Madoff Victims to Get $372M in New PaymentsThe eighth payment from the U.S. Justice Department's Madoff Victim Fund increases the total recovery to $4 billion.