Violation Tracker

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Violation Tracker Industry Summary Page

Industry: financial services
Penalty Total since 2000: $388,129,347,579
Number of Records: 7,728
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	$87,286,650,890	328
JPMorgan Chase	$39,688,888,209	277
UBS	$31,069,299,125	179
Wells Fargo	$27,616,269,231	266
Citigroup	$26,945,611,792	181
Deutsche Bank	$20,011,467,563	99
Goldman Sachs	$17,729,358,987	111
NatWest Group PLC	$14,370,701,618	43
Morgan Stanley	$10,780,502,443	203
BNP Paribas	$10,363,464,666	23

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
Scottrade, Inc.	Charles Schwab Corp.	investor protection violation	2004	FINRA	$16,000
Spear, Leeds & Kellogg, L.P.	Goldman Sachs	investor protection violation	2004	FINRA	$75,000
UBS Securities, L.L.C.	UBS	investor protection violation	2004	FINRA	$10,000
SG Cowen, LLC	Toronto-Dominion Bank	investor protection violation	2004	FINRA	$800,000
Morgan Stanley DW Inc.	Morgan Stanley	investor protection violation	2004	FINRA	$2,200,000
Goldman, Sachs & Co.	Goldman Sachs	investor protection violation	2004	FINRA	$5,000,000
Deutsche Bank Securities, Inc.	Deutsche Bank	investor protection violation	2004	FINRA	$5,000,000
Citigroup Global Markets Inc.	Citigroup	investor protection violation	2004	FINRA	$5,000,000
Citigroup Global Markets, Inc.	Citigroup	investor protection violation	2004	FINRA	$250,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated	Bank of America	investor protection violation	2004	FINRA	$250,000
Morgan Stanley DW Inc.	Morgan Stanley	investor protection violation	2004	FINRA	$250,000
Piper Jaffray & Co.	Piper Sandler	investor protection violation	2004	FINRA	$2,400,000
Charles Schwab & Co, Inc.	Charles Schwab Corp.	investor protection violation	2004	FINRA	$60,869
Edward Jones	Jones Financial	investor protection violation	2004	FINRA	$25,181
Merrill Lynch, Pierce, Fenner & Smith Inc.	Bank of America	investor protection violation	2004	FINRA	$109,527
Morgan Stanley DW Inc.	Morgan Stanley	investor protection violation	2004	FINRA	$38,312
Prudential Equity Group, LLC	Prudential Financial	investor protection violation	2004	FINRA	$17,306
UBS Financial Services Inc.	UBS	investor protection violation	2004	FINRA	$200,666
Wachovia Securities, LLC.	Wells Fargo	investor protection violation	2004	FINRA	$39,486
TD Waterhouse Investor Services, Inc.	Toronto-Dominion Bank	investor protection violation	2004	FINRA	$150,000
Stifel Nicolaus & Company	Stifel Financial	investor protection violation	2004	FINRA	$125,000
American Express Financial Advisors, Inc.	Ameriprise Financial	investor protection violation	2004	FINRA	$300,000
Bear, Stearns & Co. Inc.	JPMorgan Chase	investor protection violation	2004	FINRA	$4,950,000
Deutsche Bank Securities, Inc.	Deutsche Bank	investor protection violation	2004	FINRA	$5,290,000
Morgan Stanley & Co. Inc.	Morgan Stanley	investor protection violation	2004	FINRA	$5,390,000
Ameritrade, Inc.	Charles Schwab Corp.	investor protection violation	2004	FINRA	$10,000,000
AXA Advisors, LLC	Equitable Holdings	investor protection violation	2004	FINRA	$250,000
State Street Research Investment Services, Inc.	BlackRock	investor protection violation	2004	FINRA	$1,500,000
Bear, Stearns & Co. Inc.	JPMorgan Chase	investor protection violation	2004	FINRA	$280,469
Southwest Securities, Inc.	Hilltop Holdings	investor protection violation	2004	FINRA	$36,971
Credit Suisse First Boston LLC	UBS	investor protection violation	2004	FINRA	$770,000
Prudential Equity Group, Inc. and Prudential Investment Management Services LLC	Prudential Financial	investor protection violation	2004	FINRA	$11,500,000
Fannie Mae	Fannie Mae	campaign finance violation	2004	FEC	$10,000
Cleco Power	Macquarie	utility administrative violation	2004	LA-PSC	$18,000,000
Mastercard International Inc.	MasterCard	price-fixing or anti-competitive practices	2004	private lawsuit-federal	$1,025,000,000
Visa USA	Visa	price-fixing or anti-competitive practices	2004	private lawsuit-federal	$2,025,000,000
R.R. DONNELLEY	Chatham Asset Management	workplace safety or health violation	2004	OSHA	$5,000
WELLS FARGO SECURITIES, LLC.	Wells Fargo	workplace safety or health violation	2004	OSHA	$5,000
IFCO SYSTEMS NORTH AMERICA	Triton Investments Advisers	workplace safety or health violation	2004	OSHA	$5,250
SYNAGRO TECHNOLOGIES, INC.	Goldman Sachs	workplace safety or health violation	2004	OSHA	$5,725
KEYBANK NATIONAL ASSOCIATION	KeyCorp	workplace safety or health violation	2004	OSHA	$28,000
A.G. Edwards & Sons, Inc.	Wells Fargo	data submission deficiencies	2003	CFTC	$45,000
Cleco Corporation	Macquarie	energy market violation	2003	FERC	$2,850,000
El Paso Electric Corporation	JPMorgan Chase	energy market violation	2003	FERC	$15,500,000
Crawford Healthcare Management of Norfolk & Baltimore	Crawford & Co.	fraud	2003	DOJ_CRIMINAL	$8,000,000
PNC ICLC Corp.	PNC Financial Services	accounting fraud or deficiencies	2003	DOJ_CRIMINAL	$115,000,000
Bank of America	Bank of America	economic sanction violation	2003	OFAC	$158,038
Bank of New York	Bank of New York Mellon	economic sanction violation	2003	OFAC	$24,750
Barclays Bank PLC	Barclays	economic sanction violation	2003	OFAC	$10,107
Credit Lyonnais, NY	Credit Agricole	economic sanction violation	2003	OFAC	$5,500
Deutsche Bank A.G.	Deutsche Bank	economic sanction violation	2003	OFAC	$5,500
Guy Carpenter & Company, Inc	Marsh & McLennan	economic sanction violation	2003	OFAC	$50,000
HSBC Bank USA	HSBC	economic sanction violation	2003	OFAC	$5,500
HSBC Bank USA	HSBC	economic sanction violation	2003	OFAC	$11,000
National City Bank	PNC Financial Services	economic sanction violation	2003	OFAC	$5,500
Northern Trust, IBC	Northern Trust	economic sanction violation	2003	OFAC	$18,027
Societe Generale	Societe Generale	economic sanction violation	2003	OFAC	$6,600
Societe Generale	Societe Generale	economic sanction violation	2003	OFAC	$11,000
State Street Bank & Trust Co	State Street Corp.	economic sanction violation	2003	OFAC	$22,000
UBS (USA) Inc	UBS	economic sanction violation	2003	OFAC	$14,750
UBS (USA) Inc	UBS	economic sanction violation	2003	OFAC	$5,000
Union Bank of CA	U.S. Bancorp	economic sanction violation	2003	OFAC	$14,913
Union Bank of CA	U.S. Bancorp	economic sanction violation	2003	OFAC	$12,000
Wells Fargo Bank	Wells Fargo	economic sanction violation	2003	OFAC	$5,500
National City Bank	PNC Financial Services	banking violation	2003	OCC	$56,800
Canadian Imperial Bank of Commerce	Canadian Imperial Bank of Commerce	accounting fraud or deficiencies	2003	SEC	$80,000,000
Alliance Capital Management L.P.	Equitable Holdings	investor protection violation	2003	SEC	$250,000,000
Morgan Stanley DW Inc.	Morgan Stanley	investor protection violation	2003	SEC	$50,000,000
J.P. Morgan Securities Inc.	JPMorgan Chase	investor protection violation	2003	SEC	$25,000,000
American International Group, Inc.	American International Group	accounting fraud or deficiencies	2003	SEC	$10,000,000
Goldman Sachs	Goldman Sachs	investor protection violation	2003	SEC	$9,305,382
Massachusetts Financial Services Company	Sun Life Financial	investor protection violation	2003	SEC	$917,858
UBS PaineWebber, Inc.	UBS	investor protection violation	2003	SEC	$500,000
Deutsche Asset Management, Inc.	Deutsche Bank	investor protection violation	2003	SEC	$750,000
SG Cowen Securities Corporation	Toronto-Dominion Bank	investor protection violation	2003	SEC	$5,000,000
Citigroup, Inc.	Citigroup	accounting fraud or deficiencies	2003	SEC	$101,000,000
Citigroup, Inc.	Citigroup	accounting fraud or deficiencies	2003	SEC	$19,000,000
J.P. Morgan Chase & Co.	JPMorgan Chase	accounting fraud or deficiencies	2003	SEC	$135,000,000
Prudential Securities, Inc.	Wells Fargo	investor protection violation	2003	SEC	$382,000
Bear, Stearns & Co. Inc.	JPMorgan Chase	investor protection violation	2003	SEC	$80,000,000
Citigroup Global Markets Inc. f/k/a Salomon Smith Barney Inc.	Citigroup	investor protection violation	2003	SEC	$400,000,000
Credit Suisse First Boston LLC	UBS	investor protection violation	2003	SEC	$200,000,000
Goldman, Sachs & Co.	Goldman Sachs	investor protection violation	2003	SEC	$110,000,000
J.P. Morgan Securities Inc.	JPMorgan Chase	investor protection violation	2003	SEC	$80,000,000
Merrill Lynch, Pierce, Fenner & Smith, Incorporated	Bank of America	investor protection violation	2003	SEC	$200,000,000
Morgan Stanley & Co. Incorporated	Morgan Stanley	investor protection violation	2003	SEC	$125,000,000
U.S. Bancorp Piper Jaffray Inc.	Piper Sandler	investor protection violation	2003	SEC	$32,500,000
UBS Warburg LLC	UBS	investor protection violation	2003	SEC	$80,000,000
Merrill Lynch & Co. Inc.	Bank of America	accounting fraud or deficiencies	2003	SEC	$80,000,000
Allied Home Mortgage Capital Corporation	Americus Mortgage	consumer protection violation	2003	HUD	$370,000
Household International	HSBC	wage and hour violation	2003	WHD	$54,328
Bear Stearns Companies Inc.	JPMorgan Chase	wage and hour violation	2003	WHD	$358,974
Alliance Data Systems, Inc.	Bread Financial Holdings	wage and hour violation	2003	WHD	$40,320
Piccari Press, Inc.	Chatham Asset Management	labor relations violation	2003	NLRB	$10,000
Banco Popular de Puerto Rico	Popular Inc.	anti-money-laundering deficiencies	2003	DOJ_CRIMINAL	$21,600,000
Credit Lyonnais	Credit Agricole	fraud	2003	USAO	$100,000,000
H & R Block	H&R Block	wage and hour violation	2003	CA-LCO	$12,000
Bank of America	Bank of America	wage and hour violation	2003	private lawsuit-state	$4,100,000
Metropolitan Life	MetLife	employment discrimination	2003	private lawsuit-federal	$10,000,000
R.R. Donnelley & Sons	Chatham Asset Management	employment discrimination	2003	private lawsuit-federal	$15,000,000
Brut, LLC	Nasdaq Inc.	investor protection violation	2003	SEC	$45,000