Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$333,568,388,571
Number of Records: 
6,826
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 Parent CompaniesTotal Penalty $Number of Records
Bank of America$82,896,776,051261
JPMorgan Chase$35,851,437,155191
Citigroup$25,535,002,360154
Wells Fargo$21,678,596,719218
Deutsche Bank$18,341,457,30276
UBS$16,853,736,33498
Goldman Sachs$16,381,931,83964
NatWest Group PLC$13,477,129,00031
BNP Paribas$12,147,863,95019
Credit Suisse$10,448,892,62645


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.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)
Company Parent Primary Offense Type Year Agencysort icon Penalty Amount
Wilmington Trust Company M&T Bank investor protection violation 2004 SEC $125,000
Strong Capital Management, Inc. Wells Fargo investor protection violation 2004 SEC $80,000,000
Putnam Investment Management LLC Power Financial Corporation investor protection violation 2004 SEC $55,000,000
Massachusetts Financial Services Company Sun Life Financial investor protection violation 2004 SEC $50,000,000
Spear, Leeds & Kellogg Specialists LLC Goldman Sachs investor protection violation 2004 SEC $45,272,478
FleetBoston Financial Corporation Bank of America investor protection violation 2004 SEC $140,000,000
Banc of America Securities LLC Bank of America investor protection violation 2004 SEC $10,000,000
American Express Financial Advisors Inc. Ameriprise Financial investor protection violation 2004 SEC $3,706,693
Legg Mason Wood Walker, Inc. Franklin Resources investor protection violation 2004 SEC $2,315,467
Raymond James Financial Services, Inc. Raymond James Financial investor protection violation 2004 SEC $2,595,129
UBS Financial Services Inc. UBS investor protection violation 2004 SEC $4,621,768
Wachovia Securities, LLC Wells Fargo investor protection violation 2004 SEC $4,844,465
Massachusetts Financial Services Co. Sun Life Financial investor protection violation 2004 SEC $225,000,000
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
Lehman Brothers, Inc. Lehman Brothers investor protection violation 2003 SEC $2,500,000
SG Cowen Securities Corporation Cowen Inc. 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 Credit Suisse 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
Lehman Brothers Inc. Lehman Brothers 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
Robertson Stephens Inc. Bank of America investor protection violation 2003 SEC $33,000,000
Deutsche Bank Securities Inc. Deutsche Bank data submission deficiencies 2002 SEC $1,650,000
Goldman, Sachs & Co. Goldman Sachs data submission deficiencies 2002 SEC $1,650,000
Morgan Stanley & Co. Incorporated Morgan Stanley data submission deficiencies 2002 SEC $1,650,000
Salomon Smith Barney Inc. Morgan Stanley data submission deficiencies 2002 SEC $1,650,000
U.S. Bancorp Piper Jaffray Inc. Piper Sandler data submission deficiencies 2002 SEC $1,650,000
Credit Suisse First Boston Corporation Credit Suisse investor protection violation 2002 SEC $100,000,000
Dain Rauscher Incorporated Royal Bank of Canada investor protection violation 2000 SEC $12,941,191
Goldman, Sachs & Co. Goldman Sachs investor protection violation 2000 SEC $5,200,000
Lehman Brothers Inc. Lehman Brothers investor protection violation 2000 SEC $4,950,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2000 SEC $5,000,000
Morgan Stanley & Co. Incorporated Morgan Stanley investor protection violation 2000 SEC $2,500,000
PaineWebber Incorporated UBS investor protection violation 2000 SEC $26,200,000
Prudential Securities Incorporated Wells Fargo investor protection violation 2000 SEC $5,880,000
Salomon Smith Barney Inc. Morgan Stanley investor protection violation 2000 SEC $45,000,000
Warburg Dillon Read LLC UBS investor protection violation 2000 SEC $6,680,000
RBC Capital Markets LLC Royal Bank of Canada investor protection violation 2016 SEC $2,500,000
Raymond James & Associates Raymond James Financial investor protection violation 2016 SEC $600,000
BOK Financial Corporation BOK Financial investor protection violation 2016 SEC $1,667,720
Park National Corporation Park National Corp. accounting fraud or deficiencies 2016 SEC $500,000
Merrill Lynch Bank of America investor protection violation 2016 SEC $12,500,000
UBS Financial Services UBS investor protection violation 2016 SEC $15,025,882
Och-Ziff Capital Management Group Sculptor Capital Management Foreign Corrupt Practices Act 2016 SEC $199,045,167
Credit Suisse AG Credit Suisse accounting fraud or deficiencies 2016 SEC $90,000,000
Deutsche Bank Securities Deutsche Bank investor protection violation 2016 SEC $9,500,000
Bank Leumi Bank Leumi investor protection violation 2016 SEC $1,600,000
JPMorgan Chase & Co. JPMorgan Chase Foreign Corrupt Practices Act 2016 SEC $130,000,000
Stifel, Nicolaus & Co., Inc. Stifel Financial investor protection violation 2016 SEC $24,500,000
Deutsche Bank Deutsche Bank investor protection violation 2016 SEC $18,500,000
Morgan Stanley & Co. LLC Morgan Stanley investor protection violation 2016 SEC $7,500,000
Morgan Stanley Smith Barney Morgan Stanley investor protection violation 2017 SEC $13,000,000
BNY Mellon Bank of New York Mellon investor protection violation 2017 SEC $6,600,000
HomeStreet Inc HomeStreet Inc. accounting fraud or deficiencies 2017 SEC $500,000
Citigroup Global Markets Citigroup investor protection violation 2017 SEC $2,963,735
Morgan Stanley Smith Barney Morgan Stanley investor protection violation 2017 SEC $2,963,735
Citigroup Global Markets Citigroup investor protection violation 2017 SEC $18,300,000
Morgan Stanley Smith Barney Morgan Stanley investor protection violation 2017 SEC $8,000,000
Barclays Capital Barclays investor protection violation 2017 SEC $97,037,659
State Street Bank and Trust Company State Street Corp. investor protection violation 2017 SEC $35,300,000
Banca IMI Securities Corp. Intesa Sanpaolo investor protection violation 2017 SEC $35,300,000
SunTrust Banks Truist Financial investor protection violation 2017 SEC $1,100,000
BlackRock Inc. BlackRock investor protection violation 2017 SEC $340,000
Wedbush Securities Inc. Wedbush Securities investor protection violation 2018 SEC $1,304,197
Industrial and Commercial Bank of China Financial Services LLC Industrial and Commercial Bank of China investor protection violation 2018 SEC $1,250,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America anti-money-laundering deficiencies 2017 SEC $13,000,000
Ameriprise Financial Services, Inc. Ameriprise Financial investor protection violation 2017 SEC $8,750,000
Wells Fargo Advisors, LLC Wells Fargo anti-money-laundering deficiencies 2017 SEC $3,500,000
UBS Financial Services, Inc. UBS investor protection violation 2017 SEC $3,500,000
Barclays Capital Inc. Barclays investor protection violation 2017 SEC $12,710,040
Blackrock Fund Advisors BlackRock investor protection violation 2017 SEC $1,500,000
Credit Suisse Securities (USA) LLC Credit Suisse investor protection violation 2017 SEC $5,754,714
Stifel, Nicolaus & Company, Incorporated Stifel Financial investor protection violation 2017 SEC $300,000
Voya Financial Advisors, Inc. Voya Financial investor protection violation 2017 SEC $3,095,953
Columbia Management Investment Services Corp. Ameriprise Financial investor protection violation 2017 SEC $250,000
BB&T Securities, LLC Truist Financial investor protection violation 2016 SEC $200,000
WL Ross & Co. LLC Invesco investor protection violation 2016 SEC $2,300,000
Wells Fargo Bank N.A. Municipal Products Group Wells Fargo investor protection violation 2016 SEC $440,000
TD Securities (USA) LLC Toronto-Dominion Bank investor protection violation 2016 SEC $500,000
Hilltop Securities Inc. Hilltop Holdings investor protection violation 2016 SEC $360,000
Janney Montgomery Scott LLC Penn Mutual investor protection violation 2016 SEC $500,000
Keybanc Capital Markets Inc. KeyCorp investor protection violation 2016 SEC $440,000
Barclays Capital Inc. Barclays investor protection violation 2016 SEC $500,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)