State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Ex-Investors Capital Broker Barred for Stealing $250K
By Melanie WaddellNick Palky allegedly took the client's savings through forgery after he recommended that she liquidate her money market funds.
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.
March 08, 2023
SEC Exams Can't Keep Up With RIA GrowthAs with Dodd-Frank, Congress will have to take action to help increase RIA exam frequency, says Michael Canning.
March 07, 2023
7 Long-Term Care Program Ideas for Taxphobic TimesMinnesota asked experts about one LTC proposal and sparked brainstorming.
February 24, 2023
Ex-Advisor Who Tried to Flee Prosecution Sentenced to 9 YearsSteven Xigoros of Massachusetts defrauded clients of more than $4.3 million and failed to pay taxes, prosecutors said.
February 24, 2023
House Could Vote on Online Notarization Bill MondayA California notary group says the bill could lead to more fraud.
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.