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Violation Tracker Current Parent Company Summary
Current Parent Company Name: Charles Schwab Corp.
Ownership Structure: publicly traded (ticker symbol SCHW)
Headquartered in: California
Major Industry: financial services
Specific Industry: financial services
Penalty total since 2000: $1,070,568,583
Number of records: 38
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
| financial offenses | $824,331,833 | 31 |
| consumer-protection-related offenses | $237,436,750 | 4 |
| employment-related offenses | $6,300,000 | 2 |
| miscellaneous offenses | $2,500,000 | 1 |
| Top 5 Primary Offense Types | Penalty Total | Number of Records |
| investor protection violation | $823,731,833 | 30 |
| consumer protection violation | $237,406,750 | 3 |
| wage and hour violation | $6,300,000 | 2 |
| data submission deficiencies | $2,500,000 | 1 |
| anti-money-laundering deficiencies | $600,000 | 1 |
Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the
Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below 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. The totals 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 list below.
Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found
here.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case.
| Company | Primary Offense Type | Year  | Agency | Penalty Amount |
| Charles Schwab & Co., Inc. et al. | investor protection violation | 2022 | SEC | $187,000,000 |
| TD Ameritrade, Inc. | consumer protection violation | 2022 | TX-FIN | $81,750 |
| TD Ameritrade Holdings Corp. | consumer protection violation | 2022 | private lawsuit-federal | $2,325,000 |
| Charles Schwab & Co., Inc. | investor protection violation | 2018 | SEC | $2,800,000 |
| TD Ameritrade, Inc. | investor protection violation | 2018 | SEC | $500,000 |
| Scottrade Inc. | investor protection violation | 2016 | TX-SEC | $100,000 |
| Charles Schwab & Co. Inc. | investor protection violation | 2016 | TX-SEC | $125,000 |
| TD Ameritrade, Inc. | investor protection violation | 2015 | MA-AG | $160,000 |
| TD Ameritrade Inc. | investor protection violation | 2015 | TX-SEC | $400,000 |
| Scottrade, Inc. | investor protection violation | 2015 | FINRA | $2,600,000 |
| Charles Schwab & Co. | investor protection violation | 2015 | FINRA | $2,000,000 |
| Scottrade, Inc. | investor protection violation | 2015 | FINRA | $300,000 |
| Charles Schwab & Co. | investor protection violation | 2014 | SEC | $61,800 |
| TD Ameritrade | investor protection violation | 2014 | SEC | $100,800 |
| Scottrade | data submission deficiencies | 2014 | SEC | $2,500,000 |
| Charles Schwab | wage and hour violation | 2014 | private lawsuit-federal | $3,800,000 |
| Charles Schwab & Co., Inc. | investor protection violation | 2014 | FINRA | $500,000 |
| TD Ameritrade Clearing, Inc. | investor protection violation | 2013 | FINRA | $1,150,000 |
| Charles Schwab & Company | investor protection violation | 2013 | FINRA | $500,000 |
| TD Ameritrade Inc. | investor protection violation | 2011 | SEC | $10,000,000 |
| Charles Schwab Investment Management and Charles Schwab & Co., Inc. | investor protection violation | 2011 | SEC | $118,000,000 |
| Charles Schwab Bank | discriminatory practices (non-employment) | 2011 | HUD | $30,000 |
| Charles Schwab & Co., Inc. | investor protection violation | 2011 | CT-SEC | $2,800,000 |
| Charles Schwab & Co., Inc. et al. | investor protection violation | 2011 | IL-SEC | $8,567,364 |
| Charles Schwab & Company, Inc. | investor protection violation | 2011 | FINRA | $18,000,000 |
| Charles Schwab Corp. | consumer protection violation | 2011 | private lawsuit-federal | $235,000,000 |
| Scottrade, Inc. | investor protection violation | 2010 | FINRA | $200,000 |
| TD Ameritrade | wage and hour violation | 2009 | private lawsuit-federal | $2,500,000 |
| TD Ameritrade, Inc. | investor protection violation | 2009 | MULTI-AG | $456,000,000 |
| Ameritrade, Inc. | investor protection violation | 2009 | DE-SEC | $40,000 |
| Scottrade | anti-money-laundering deficiencies | 2009 | FINRA | $600,000 |
| Scottrade, Inc. | investor protection violation | 2008 | SEC | $950,000 |
| Ameritrade Inc. | investor protection violation | 2007 | TX-SEC | $200,000 |
| Scottrade, Inc. | investor protection violation | 2005 | FINRA | $250,000 |
| Charles Schwab & Co., Inc. | investor protection violation | 2004 | SEC | $350,000 |
| Scottrade, Inc. | investor protection violation | 2004 | FINRA | $16,000 |
| Charles Schwab & Co, Inc. | investor protection violation | 2004 | FINRA | $60,869 |
| Ameritrade, Inc. | investor protection violation | 2004 | FINRA | $10,000,000 |
