State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Florida to Pull $2B of Assets From BlackRock
By Danielle Moran and Saijel KishanIt's the latest move in a fight led by Governor Ron DeSantis against firms embracing environmental, social and corporate governance values.
November 29, 2022
BlackRock, UBS Ask to Be Removed From Texas' Energy Boycott ListFirms on the list may struggle to win underwriting work from issuers of municipal debt and to gain access to some retirement systems.
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.
November 10, 2022
States May Get Tougher on Health Insurance MarketersAgent groups want the NAIC to focus on lead generators. Consumer reps have different ideas.
November 09, 2022
Voters Return 3 State Insurance Commissioners to OfficeMassachusetts voters have set a minimum loss ratio for dental insurance.
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 31, 2022
Ex-Broker Sentenced to 20 Years in Prison Over Ponzi SchemePerry Santillo's 20-year sentence will run concurrently with a 17.5-year sentence he already faces.