Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Barclays Capital Inc.
Current Parent Company: Barclays
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $325,000,000
Year: 2015
Date: October 19, 2015
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Secondary Offense: investor protection violation
Mega-Scandal: Toxic Securities
Violation Description: The National Credit Union Administration announced an agreement with Barclay's Capital for $325 million to resolve claims arising from losses related to purchases of faulty residential mortgage-backed securities by corporate credit unions.
Level of Government: federal
Action Type: agency action
Agency: National Credit Union Administration
Civil or Criminal Case: civil
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.