When a top Nevada official promoted the state as a home for corporate filings last year, he cited a few firms that wanted in.

\A volunteer hearing panel opted to spare Clark County Commissioner Justin Jones’ law license, rejecting the state bar counsel’s urge to disbar Jones for deleting text messages related to a controversial real estate development project near Red Rock Canyon. Moreover, it rejected outright the state bar’s claim that Jones bribed then-county-commissioner and eventual Democratic Governor Steve Sisolak.

The U.S. Supreme Court denied broker/dealer Alpine Securities’ attempt to immediately stop FINRA's pursuit to expel it from the industry.

The Financial Industry Regulatory Authority has faced criticism from the securities industry it regulates ever since it was formed in 2007 by the merging of NASD and NYSE Regulation, Enforcement, and Arbitration. And an ongoing lawsuit that targets the self-regulatory organization’s authority to expel broker-dealers could eventually erode its powers.

Court actions challenging self-regulatory organizations' constitutionality – including one targeting the municipal securities market's principal regulator – could upend the regulatory framework in the U.S., potentially igniting a financial crisis, a law professor said.

Testimony wrapped up on Wednesday in the formal State Bar of Nevada hearing held to determine whether Clark County Commissioner Justin Jones should forfeit his law license.

Clark County Commissioner Justin Jones told a three-person panel deciding whether to disbar him that he made a “stupid mistake” when he wiped his phone clean of text messages related to a lawsuit over a proposed real estate development.

The family of a man who was found dead inside his room from a fentanyl overdose after a robbery by a sex worker at a Strip resort in 2023 has sued the owners of the hotel.