State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
NASAA to Allow 5-Year Breaks for Brokers, IARs
By Melanie WaddellEligible individuals can maintain their Series 63 license; a similar extension is planned for the Series 65.
August 25, 2023
California Warns Against Dishonest Marketing Tied to Long-Term Care ProposalThe state says basing promotions on a program that does not exist is deceptive.
August 25, 2023
Life Settlements: Letters of CompetencyThe client who wants to sell a policy needs the capacity to do that.
August 25, 2023
Massachusetts Fiduciary Rule Upheld by Top CourtThe ruling "is a Fenway Park Red Sox grand slam home run" for investors and state regulators, said a fiduciary expert.
August 24, 2023
Arraignment Set for LPL Network Firm Employee Charged in Double MurderAn arraignment for Ramy Fahim, who could face the death penalty, will be held Sept. 6.
August 18, 2023
12 States the Young and Wealthy Are Flocking ToBusinesses, governments and advisors in these states are benefiting from the inflow of young, rich professionals.
August 18, 2023
SEC Bars Advisor for Working With Revoked Registration, Touting False DesignationThe unregistered advisor didn't tell potential clients she was only licensed to offer and sell insurance products.
August 18, 2023
Ex-Broker Gets Life in Prison for Crimes Tied to Death of ClientKeith Todd Ashley was found guilty of fraud and a gun charge; a murder case is pending.