Press Office

Working group finds supervisory failures with Class A mutual fund shares SANTA FE – The New Mexico Securities Division, a member of the North American Securities Administrators Association (NASAA), has joined a $17 million settlement with Edward D. Jones & Co.,...

HB10 will create enforcement bureau necessary to stop illegal activity SANTA FE — A bill that would establish an enforcement bureau within the New Mexico Regulation and Licensing Department (NMRLD) and expand the Cannabis Control Division’s regulatory authority was...

Action taken for Bank Secrecy Act and anti-money laundering violations SANTA FE – The New Mexico Financial Institutions Division and 47 state financial regulatory agencies announced today they have taken coordinated action against Block, Inc. and its mobile payment...

Settlement comes after mortgage company failed to comply with regulators after data breach SANTA FE — This week, the New Mexico Financial Institutions Division and financial regulatory agencies from 52 other U.S. jurisdictions announced they have taken coordinated...

November 27, 2024 SANTA FE – The New Mexico Cannabis Control Division (CCD) has issued a consumer health and safety advisory after identifying contaminated cannabis pre-rolls and roll-your-own (RYO) products that tested positive for a prohibited pesticide. The...

October 22, 2024 Department proposes $61.6M budget to regulate industries and professions statewide SANTA FE – The New Mexico Regulation and Licensing Department is requesting $61.6 million in total funding for Fiscal Year 2026 to continue its mission of ensuring...

September 6, 2024 SANTA FE – The New Mexico Cannabis Control Division (CCD) has issued a consumer health and safety advisory after identifying contaminated cannabis flower (bud/shake/trim) that tested positive for a prohibited pesticide. The affected products,...

July 1, 2024 SANTA FE —The Financial Institutions Division of the New Mexico Regulation and Licensing Department has joined twenty-four other state financial regulatory agencies in taking collective action against Plutus Financial, Inc., Abra Trading, LLC, Plutus...

April 17, 2024 Santa Fe – The weather is warming up and the New Mexico Cannabis Control Division is urging cannabis consumers to follow the laws and practice safe consumption this spring. “Springtime is when we start seeing more outdoor events and an uptick in public...

April 10, 2024 SANTA FE – The Securities Division of the New Mexico Regulation and Licensing Department announced today that it has reached a settlement agreement in principle with cryptocurrency asset platform, Abra, for violating state securities regulations. The...