State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
TD Ameritrade, BofA Among 4 Firms Sued Over Biometric Voice Prints
By Jeff BermanFour separate complaints allege the firms violated the California Invasion of Privacy Act.
September 01, 2022
Regulators Draft Language for Hot New AnnuitiesThe new definitions could start shaping index-linked variable annuity products in April.
August 26, 2022
9 Lessons From John Hancock's $26M LTCI SettlementLong-term care insurance is complicated and policyholders need professional guidance, LTCI specialists say.
August 25, 2022
Policyholder Sues Pru Over Implementation of 100% LTCI Rate HikePrudential points to a policy provision authorizing it to increase premiums.
August 25, 2022
GOP Fury Over ESG Triggers Backlash With U.S. Pensions at RiskThe move by Florida's governor to ban state pension funds from ESG screening endangers some Americans' retirement savings, investment professionals say. .
August 22, 2022
Regulators Ask for Advice About Indexed Universal Life IllustrationsOne option on an NAIC panel's list is to leave the current rules alone.
August 19, 2022
John Hancock to Pay $26.3M Over Canceled LTCI PoliciesThe life and health insurer reviewed its records and found 156 terminations affected by errors in New York.
August 19, 2022
Morgan Stanley's $10.2M Deal Over Advisor Expenses Heads Back to CourtThe settlement is tied to a class-action complaint that the firm didn't correctly reimburse some 3,000 advisors.