State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
Galvin Charges PKS Investments Over Reps' Leveraged ETF Sales
By Melanie WaddellPKS failed to supervise its dually registered BD agents' outside business activities, Massachusetts' top securities regulator said.
January 27, 2022
NASAA Names New Director of PolicyKristen Hutchens played a key role in securing the recent introduction of a recent senior-protection bill.
January 26, 2022
Galvin Charges Fidelity With Failing to Vet Options TradersThe brokerage allowed customers to reapply with altered information if they were not approved, the Massachusetts regulator says.
January 25, 2022
Ex-UBS Broker Spent $4.6M of Client Money on Gifts for Women: SECThe former broker is charged with defrauding a family out of more than $5 million.
January 25, 2022
Vanguard, Other BDs Under Scrutiny Over Target Date Fund Tax BillsAmerican Funds, BlackRock, Fidelity and T. Rowe Price are also targets of the sweep by William Galvin in Massachusetts.
January 24, 2022
New York May Develop Life Policy Disclosure RulesThe NAIC gave up on an effort to draft national standards and told states to experiment.
January 21, 2022
New Court Date Set for Suspect in Merrill Exec's MurderThe date for a preliminary hearing in Anthony Duwayne Turner's case has yet to be set, according to the Los Angeles County District Attorney's Office.
January 14, 2022
Ex-Broker Gets 17.5 Years in Prison for 'Masterminding' Ponzi SchemeAt least 1,000 investors were bilked out of more than $100 million over a decade, according to the Justice Department.