Violation Tracker

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Violation Tracker Industry Summary Page

Industry: financial services
Penalty Total since 2000: $364,987,502,767
Number of Records: 7,424
Note: The totals include only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. The totals are adjusted to account for the fact that each parent's entries may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. They are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the individual records list below.

Top 10 Current Parent Companies	Total Penalty $	Number of Records
Bank of America	$83,860,718,022	283
JPMorgan Chase	$36,735,865,891	239
Citigroup	$26,665,437,031	170
Wells Fargo	$25,943,801,143	236
Deutsche Bank	$19,684,396,135	92
UBS	$17,479,735,000	115
Goldman Sachs	$17,054,777,591	97
NatWest Group PLC	$14,007,380,190	38
Credit Suisse	$11,673,430,792	57
Morgan Stanley	$10,440,931,900	196

Individual Penalty Records:

Click on the company or penalty amount for more information on each case. Click on the parent name to reach the summary page for that parent company.

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Company	Current Parent	Primary Offense Type	Year .	Agency	Penalty Amount
World Group Securities, Inc.	Aegon	investor protection violation	2006	MO-SEC	$228,600
Metropolitan Life Insurance Co.	MetLife	insurance violation	2006	MO-INS	$12,162
MetLife Securities, Inc.	MetLife	investor protection violation	2006	MS-SEC	$50,000
Piper Jaffray & Co.	Piper Sandler	investor protection violation	2006	MT-SEC	$345,000
UBS Financial Services, Inc.	UBS	investor protection violation	2006	MT-SEC	$4,503,166
Piper Jaffray & Co.	Piper Sandler	investor protection violation	2006	ND-SEC	$17,204
Investment Centers of America Inc.	LPL Financial	investor protection violation	2006	ND-SEC	$6,000
Berthel Fisher and Company Financial Services Inc.	Berthel Fisher	investor protection violation	2006	ND-SEC	$8,000
Piper Jaffray & Co.	Piper Sandler	investor protection violation	2006	ND-SEC	$229,000
Pruco Securities, LLC	Prudential Financial	investor protection violation	2006	NE-DBF	$12,500
Eaton Vance Income Fund of Boston	Morgan Stanley	investor protection violation	2006	NE-DBF	$17,000
ING Life Insurance and Annuity Company	Voya Financial	investor protection violation	2006	NH-BSR	$3,000,000
Progressive Northern Insurance Company	Progressive	insurance violation	2006	NH-INS	$5,000
Israel Discount Bank of New York	Israel Discount Bank	anti-money-laundering deficiencies	2006	NY-DFS	$6,000,000
Ameritas Life Insurance Corp.	Ameritas Mutual Holding Company	insurance violation	2006	OR-FIN	$5,000
Hartford Life and Accident Insurance Company	Hartford Financial Services	insurance violation	2006	OR-FIN	$17,500
Combined Insurance Company of America	Chubb Limited	insurance violation	2006	OR-FIN	$9,000
LifeWise Health Plan of Oregon Inc.	Premera Blue Cross	insurance violation	2006	OR-FIN	$20,000
ACE American Reinsurance Company	Chubb Limited	insurance violation	2006	OR-FIN	$8,300
AIG Life Insurance Company	American International Group	insurance violation	2006	OR-FIN	$10,000
National Union Fire Insurance Company of Pittsburgh, PA	American International Group	insurance violation	2006	OR-FIN	$30,000
United States Life Insurance Company in the City of New York	American International Group	insurance violation	2006	OR-FIN	$20,000
Progressive Northern Insurance Company	Progressive	insurance violation	2006	OR-FIN	$10,000
Affinity Insurance Services Inc.	Aon	insurance violation	2006	PA-INS	$40,000
Empire Fire & Marine Insurance Company	Zurich Insurance	insurance violation	2006	PA-INS	$20,000
Northwestern Mutual Investment Services	Northwestern Mutual	insurance violation	2006	PA-INS	$10,000
Janney Montgomery Scott LLC	Penn Mutual	investor protection violation	2006	RI-FIN	$10,250
LIFE INVESTORS INSURANCE COMPANY OF AMERICA	Aegon	insurance violation	2006	VA-INS	$29,000
United Services Automobile Association	USAA	insurance violation	2006	VA-INS	$5,000
COMMONWEALTH LAND TITLE INSURANCE CO. ET AL.	Fidelity National Financial	insurance violation	2006	VA-INS	$300,000
MINNESOTA LIFE INSURANCE CO.	Securian Financial	insurance violation	2006	VA-INS	$18,000
RESOURCE LIFE INSURANCE CO.	Assurant	insurance violation	2006	VA-INS	$18,000
NATIONWIDE MUTUAL INSURANCE ET AL.	Nationwide	insurance violation	2006	VA-INS	$45,000
GREAT AMERICAN INSURANCE COMPANY ET AL	American Financial Group	insurance violation	2006	VA-INS	$7,200
GREAT AMERICAN INSURANCE COMPANY ET AL	American Financial Group	insurance violation	2006	VA-INS	$7,200
HARTFORD INSURANCE COMPANY OF THE MIDWEST	Hartford Financial Services	insurance violation	2006	VA-INS	$42,800
BRISTOL WEST INSURANCE COMPANY	Zurich Insurance	insurance violation	2006	VA-INS	$20,000
Universal Underwriters Life Insurance Company	Zurich Insurance	insurance violation	2006	VA-INS	$24,000
SUNAMERICA SECURITIES, INC.	American International Group	investor protection violation	2006	VA-SEC	$10,000
MARSH USA, INC.	Marsh & McLennan	insurance violation	2006	VA-INS	$150,000
AMERICAN BANKERS INSURANCE	Assurant	insurance violation	2006	VA-INS	$45,000
AMERICAN SECURITY INSURANCE CO	Assurant	insurance violation	2006	VA-INS	$45,000
STANDARD GUARANTY INSURANCE CO	Assurant	insurance violation	2006	VA-INS	$45,000
Brown & Brown Insurance Agency of Virginia, Inc.	Brown & Brown	insurance violation	2006	VA-INS	$5,000
AMERICAN HERITAGE LIFE INSURANCE CO	Allstate	insurance violation	2006	VA-INS	$18,000
GENWORTH LIFE AND ANNUITY INSURANCE CO	Genworth Financial	insurance violation	2006	VA-INS	$12,000
Life Insurance Company of the Southwest	National Life Group	insurance violation	2006	VA-INS	$5,000
GENERAL AMERICAN LIFE INSURANCE	MetLife	insurance violation	2006	VA-INS	$10,000
Merrill Lynch, Pierce, Fenner & Smith, Incorporated	Bank of America	investor protection violation	2006	VA-SEC	$75,000
NATIONWIDE LIFE INSURANCE CO.	Nationwide	insurance violation	2006	VA-INS	$40,000
Property & Casualty Insurance Company of Hartford	Hartford Financial Services	insurance violation	2006	VA-INS	$5,000
Merrill Lynch, Pierce, Fenner & Smith, Incorporated	Bank of America	investor protection violation	2006	VA-SEC	$33,000
XL LIFE INSURANCE AND ANNUITY	AXA	insurance violation	2006	VA-INS	$10,000
American-Amicable Life Insurance Company	American-Amicable Group	insurance violation	2006	MULTI-FIN	$60,000,000
Liberty National Life Insurance Company	Globe Life Inc.	discriminatory practices (non-employment)	2006	private lawsuit-federal	$9,350,000
WHEELABRATOR FALLS INC	Macquarie	environmental violation	2006	PA-ENV	$21,079
Glencore	Glencore	environmental violation	2006	CA-ARB	$10,000
LOUIS DREYFUS CITRUS, INC.	Louis Dreyfus	environmental violation	2006	FL-DEP	$7,200
THE FIFTH THIRD BANK	Fifth Third Bancorp	environmental violation	2006	FL-DEP	$16,000
GM ACCEPTANCE CORP TRUCK & BUS GRP	Ally Financial	environmental violation	2006	IN-ENV	$57,750
RR DONNELLEY & SONS CO	Chatham Asset Management	environmental violation	2006	IN-ENV	$9,563
BUCKEYE PENNSAUKEN TERMINAL LLC	IFM Investors	environmental violation	2006	NJ-ENV	$28,200
BUCKEYE PORT READING TERMINAL LLC	IFM Investors	environmental violation	2006	NJ-ENV	$20,005
Buckeye Pipline Co.	IFM Investors	environmental violation	2006	PA-ENV	$150,000
Friedman, Billings, Ramsey & Co., Inc.	Arlington Asset Investment Corp.	investor protection violation	2006	FINRA	$4,000,000
USAllianz Securities	Allianz	investor protection violation	2006	FINRA	$5,000,000
Edward D. Jones & Co., L.P.	Jones Financial	investor protection violation	2006	FINRA	$250,000
RBC Dain Rauscher Inc.	Royal Bank of Canada	investor protection violation	2006	FINRA	$250,000
Morgan Stanley DW Inc.	Morgan Stanley	investor protection violation	2006	FINRA	$100,000
Chase Investment Services Corporation	JPMorgan Chase	investor protection violation	2006	FINRA	$500,000
MetLife Securities, Inc	MetLife	investor protection violation	2006	FINRA	$500,000
CCO Investment Services Corp.	Citizens Financial Group	investor protection violation	2006	FINRA	$850,000
Oppenheimer & Co. Inc.	Oppenheimer Holdings	investor protection violation	2006	FINRA	$800,000
MetLife, Inc.	MetLife	investor protection violation	2006	FINRA	$5,000,000
Morgan Stanley	Morgan Stanley	investor protection violation	2006	FINRA	$2,900,000
Citigroup Global Markets Inc.	Citigroup	investor protection violation	2006	FINRA	$1,115,000
ING America Insurance Holdings Inc.	Voya Financial	investor protection violation	2006	FINRA	$7,000,000
BRUT LLC	Nasdaq Inc.	investor protection violation	2006	FINRA	$2,200,000
Citigroup Global Markets, Inc.	Citigroup	investor protection violation	2006	FINRA	$350,000
Credit Suisse Securities (USA), LLC	Credit Suisse	investor protection violation	2006	FINRA	$225,000
Morgan Stanley & Co. Incorporated	Morgan Stanley	investor protection violation	2006	FINRA	$200,000
Merrill Lynch, Pierce, Fenner & Smith Inc.	Bank of America	investor protection violation	2006	FINRA	$5,000,000
Sanford C. Bernstein & Co.	Equitable Holdings	investor protection violation	2006	FINRA	$350,000
Oppenheimer & Co. Inc.	Oppenheimer Holdings	investor protection violation	2006	FINRA	$250,000
First American Title	First American Financial	environmental violation	2006	CA-SCAQMD	$38,211
Mercury Air Centers	Macquarie	environmental violation	2006	CA-SCAQMD	$11,750
Wheelabrator Norwalk Energy Co. Inc.	Macquarie	environmental violation	2006	CA-SCAQMD	$9,000
Wedbush Morgan Securities	Wedbush Securities	environmental violation	2006	CA-SCAQMD	$5,000
Mercury Air Centers	Macquarie	environmental violation	2006	CA-SCAQMD	$10,000
El Paso Electric Company	JPMorgan Chase	utility service violation	2006	TX-PUC	$27,000
GMAC Mortgage Group, Inc.	Ally Financial	WARN Act violation	2006	private lawsuit-federal	$135,000
Chicago Board Options Exchange	CBOE Holdings	price-fixing or anti-competitive practices	2006	private lawsuit-federal	$2,468,410
Goldman Sachs Execution & Clearing L.P.	Goldman Sachs	price-fixing or anti-competitive practices	2006	private lawsuit-federal	$2,468,410
IFCO SYSTEMS N.A., INC.	Triton Investments Advisers	workplace safety or health violation	2006	OSHA	$20,000
RR DONNELLEY	Chatham Asset Management	workplace safety or health violation	2006	OSHA	$11,000
IFCO SYSTEMS DBA VALLEY WOOD PRODUCTS, INC.	Triton Investments Advisers	workplace safety or health violation	2006	OSHA	$5,226
BOWNE & COMPANY, INC.	Chatham Asset Management	workplace safety or health violation	2006	OSHA	$5,250
IFCO SYSTEMS	Triton Investments Advisers	workplace safety or health violation	2006	OSHA	$9,450
LOUIS DREYFUS CITRUS INC.	Louis Dreyfus	workplace safety or health violation	2006	OSHA	$9,800
Merrill Lynch Investment Managers, LLC and Merrill Lynch Alternative Investments, LLC	Bank of America	data submission deficiencies	2007	CFTC	$500,000
Interactive Brokers LLC	Interactive Brokers Group	investor protection violation	2007	CFTC	$175,000