State Regulation
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations, enforcement actions and related activities.
September 30, 2024
TIAA Retail Customer Data Exposed in Vendor BreachData for close to 9,000 TIAA and TIAA-CREF Life customers was exposed, the firm said.
September 26, 2024
Fired BNY Advisor Claims Age DiscriminationThe advisor says a manager made ageist remarks and dismissed him despite his consistently strong performance.
September 25, 2024
Vanguard Reaches Proposed Settlement in Target-Date Sell-Off CaseThe lawsuit alleged that the asset manager triggered a "stampede" that handed certain retail customers massive tax bills.
September 23, 2024
JPMorgan Sued Over 'Shockingly' Low Interest on Client CashThe case follows several other proposed class actions over brokerages' cash sweep programs.
September 18, 2024
EF Hutton Says Its Fired CEO Stole MillionsA lawsuit alleges Joseph Rallo used firm money for lavish personal expenses, including IV drips to treat hangovers.
September 18, 2024
12 States With the Lowest Property Tax Rates: 2024What homeowners pay can vary widely, the Tax Foundation reports.
September 17, 2024
Ex-BofA Banker's Murder Trial Postponed to MarchA key detective in the case became unavailable due to pregnancy complications, prosecutors told the court.
September 13, 2024
Ex-Banker Charged With BofA Exec's Murder Faces Trial MondayAnthony Duwayne Turner is charged with killing BofA-Merrill executive Michelle Avan in August 2021.
September 12, 2024
Lawsuit: Schwab Let Scammers Drain Life Savings of 91-Year-Old CustomerSchwab ignored red flags and its own elder financial abuse guidance, the federal lawsuit alleges.
September 09, 2024
These Are the Biggest Causes of State Enforcement Actions, Securities Regulators SayFailure to register was a common charge in 2023, according to NASAA's just-released annual report.