State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
NJ Advisor Charged With Attempted Robbery, Impersonating Police
By Melanie WaddellAnthony Naso was charged after a year-and-a-half long investigation.
May 06, 2022
UBS Must Pay Clients $3.9M Over YES Options StrategyA FINRA arbitration panel ruled against the wirehouse in another dispute over its Yield Enhancement Strategy.
May 04, 2022
FINRA Wants to Make It Harder for Brokers to Clear Their RecordsFINRA found its arbitrators granted 78% of requests for expungement, which is supposed to be an "extraordinary" remedy.
April 29, 2022
Ex-Cetera Broker Gets $3M in Damages for Wrongful TerminationIn a FINRA arbitration case, the rep accused the firm of wrongfully terminating him in 2019.
April 27, 2022
California Task Force Plows Ahead With Long-Term Care Insurance EffortThe state is thinking that private plans might pay $3,000 to $6,000 per month for up to two years.
April 26, 2022
May Court Date Set for Suspect in BofA Exec Michelle Avan's KillingThe next hearing for Anthony Duwayne Turner is scheduled for May 18, according to the district attorney's office.
April 25, 2022
LPL Network Firm Employee Could Face Death Penalty in Double Murder CaseRamy Fahim was charged with special circumstances murders for allegedly stabbing two people, including his co-worker.
April 20, 2022
SALT Deduction Cap Stays in Place After Supreme Court Rejects New York ChallengeThe court declined to review a constitutional challenge to the $10,000 cap on state and local tax deductions set by Congress in 2017.