Latest Securities regulation News

China launches STAR, tech stock market to boost industry

Jul. 18, 2019 1:39 AM EDT

BEIJING (AP) — Trading starts Monday on a Chinese stock market for high-tech companies that play a key role in official development plans that are straining relations with Washington. Regulators have approved 25 companies in information technology and other fields seen by communist leaders as a path to...

Advocates hope Illinois private detention ban sparks change

Jul. 13, 2019 9:13 AM EDT

CHICAGO (AP) — Far from the southern border crisis, Illinois has launched a bullish effort to undercut the Trump administration's immigration detention practices, and politicians and activists are taking note. The state recently enacted a first-of-its kind ban on privately-run immigration detention, as...

NY expands pay equity law on day honoring US soccer team

Jul. 10, 2019 3:39 PM EDT

ALBANY, N.Y. (AP) — New York state expanded a state law Wednesday that prohibits gender pay discrimination, making it illegal to pay someone less based on characteristics including race, religion, disability or gender identity. Democratic Gov. Andrew Cuomo signed the changes into law in Manhattan, just...

SEC to require brokers only to reveal financial conflicts

Jun. 5, 2019 2:06 PM EDT

WASHINGTON (AP) — Stockbrokers will have to divulge their potential conflicts of interest to clients when they give them investment advice under action taken Wednesday by federal regulators. The regulation adopted by the Securities and Exchange Commission will also require brokerages to eliminate sales...