Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$332,924,888,663
Number of Records: 
6,731
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$82,885,116,051259
JPMorgan Chase$35,851,377,155190
Citigroup$25,535,002,360154
Wells Fargo$21,428,596,719217
Deutsche Bank$18,341,457,30276
UBS$16,845,624,16097
Goldman Sachs$16,381,931,83964
NatWest Group PLC$13,477,129,00031
BNP Paribas$12,147,863,95019
Credit Suisse$10,447,392,62644


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
Cantor Fitzgerald & Co. Cantor Fitzgerald investor protection violation 2018 SEC $1,250,000
Banc of America Investment Services, Inc. Bank of America investor protection violation 2009 SEC $150,000
AXA Advisors, LLC Equitable Holdings investor protection violation 2009 SEC $50,000
New York Life Investment Management LLC New York Life Insurance investor protection violation 2009 SEC $6,100,784
American Skandia Investment Services, Inc. Prudential Financial investor protection violation 2009 SEC $68,000,000
TD Options LLC Toronto-Dominion Bank investor protection violation 2009 SEC $1,000,000
Goldman Sachs Execution & Clearing, L.P. and SLK-Hull Derivatives LLC Goldman Sachs investor protection violation 2009 SEC $7,200,000
Knight Financial Products, LLC Virtu Financial investor protection violation 2009 SEC $2,040,000
RBC Capital Markets Corporation Royal Bank of Canada investor protection violation 2009 SEC $125,000
Oppenheimer & Co. Inc Oppenheimer Holdings investor protection violation 2009 SEC $850,000
SG Americas Securities, LLC Societe Generale investor protection violation 2009 SEC $8,384,932
Ferris, Baker Watts, Inc. Royal Bank of Canada investor protection violation 2009 SEC $800,656
Gabelli Funds, LLC Gamco Investors Inc. investor protection violation 2009 SEC $450,000
Massachusetts Financial Services Company Sun Life Financial investor protection violation 2018 SEC $1,900,000
Citibank N.A. Citigroup investor protection violation 2018 SEC $38,700,000
Credit Suisse Securities (USA) LLC Credit Suisse investor protection violation 2018 SEC $5,000,000
LendingClub Asset Management LLC LendingClub Corp. investor protection violation 2018 SEC $5,000,000
Voya Financial Advisors Inc. Voya Financial investor protection violation 2018 SEC $1,000,000
SG Americas Securities LLC (Societe Generale) Societe Generale investor protection violation 2018 SEC $800,000
Citigroup Global Markets Inc. Citigroup investor protection violation 2018 SEC $12,937,475
Convergex Execution Solutions LLC Cowen Inc. data submission deficiencies 2018 SEC $2,750,000
Cadaret, Grant & Co. Inc. Atria Wealth Solutions investor protection violation 2018 SEC $513,194
Putnam Investment Management, LLC Power Financial Corporation investor protection violation 2018 SEC $1,000,000
TD Ameritrade, Inc. Charles Schwab Corp. investor protection violation 2018 SEC $500,000
Heartland Payment Systems, LLC Global Payments Inc. investor protection violation 2018 SEC $2,160,000
BB&T Securities, LLC Truist Financial investor protection violation 2018 SEC $100,000
LPL Financial Corporation LPL Financial investor protection violation 2008 SEC $275,000
E*Trade Clearing LLC Morgan Stanley investor protection violation 2008 SEC $500,000
Gabelli Funds LLC Gamco Investors Inc. investor protection violation 2008 SEC $16,000,000
JPMorgan Chase & Co. JPMorgan Chase investor protection violation 2008 SEC $1,998,143
Morgan Stanley & Co. Incorporated Morgan Stanley investor protection violation 2007 SEC $17,000,000
Morgan Stanley & Co. Incorporated Morgan Stanley investor protection violation 2007 SEC $7,500,000
Smith Barney Fund Management LLC Franklin Resources investor protection violation 2007 SEC $450,000
Putnam Investment Management, LLC Power Financial Corporation investor protection violation 2007 SEC $350,000
AllianceBernstein, L.P. Equitable Holdings investor protection violation 2007 SEC $450,000
John Hancock Investment Management Services, LLC Manulife Financial investor protection violation 2007 SEC $19,787,879
Citigroup Global Markets, Inc. Citigroup investor protection violation 2007 SEC $200,000
Deutsche Bank Trust Company Americas Deutsche Bank investor protection violation 2007 SEC $750,000
The Bank Of New York Bank of New York Mellon investor protection violation 2007 SEC $750,000
Wilmington Trust Company M&T Bank investor protection violation 2007 SEC $100,000
Deutsche Bank Securities, Inc. Deutsche Bank investor protection violation 2006 SEC $442,954
Deutsche Asset Management, Inc. and Deutsche Investment Management Americas, Inc. Deutsche Bank investor protection violation 2006 SEC $17,200,000
Strong Capital Management, Inc. Wells Fargo investor protection violation 2006 SEC $2,185,927
Deutsche Investment Management Americas, Inc. et al. Deutsche Bank investor protection violation 2006 SEC $19,329,729
Waddell & Reed, Inc. Macquarie investor protection violation 2006 SEC $50,000,000
Metropolitan Life Insurance Company MetLife investor protection violation 2006 SEC $250,000
New England Securities Corp. MetLife investor protection violation 2006 SEC $2,614,865
Morgan Keegan & Co., Inc. Raymond James Financial investor protection violation 2006 SEC $558,806
CIBC World Markets Corporation Canadian Imperial Bank of Commerce investor protection violation 2005 SEC $496,598
State Street Research & Management Company State Street Corp. investor protection violation 2005 SEC $585,743
Legg Mason Wood Walker, Incorporated Franklin Resources investor protection violation 2005 SEC $1,000,000
U.S. Bank National Association U.S. Bancorp investor protection violation 2005 SEC $500,000
Prudential Equity Group, LLC Prudential Financial investor protection violation 2005 SEC $125,000
UBS Securities LLC UBS investor protection violation 2005 SEC $700,000
Banc of America Investment Services, Inc., and Bacap Distributors, LLC Bank of America investor protection violation 2005 SEC $1,500,000
Credit Suisse First Boston, LLC Credit Suisse investor protection violation 2005 SEC $200,000
Fiserv Securities, Inc. Fidelity Investments investor protection violation 2005 SEC $15,000,000
Putnam Investment Management, LLC Power Financial Corporation investor protection violation 2005 SEC $40,000,001
J.P. Morgan Securities Inc. JPMorgan Chase investor protection violation 2005 SEC $700,000
Donaldson, Lufkin & Jenrette Securities Corp. Credit Suisse investor protection violation 2004 SEC $1,000,000
Goldman Sachs & Co. Goldman Sachs investor protection violation 2004 SEC $2,000,000
Brut, LLC Nasdaq Inc. investor protection violation 2003 SEC $45,000
Spear, Leeds & Kellogg, L.P. Goldman Sachs investor protection violation 2003 SEC $450,000
U.S. Bancorp Piper Jaffray Inc. Piper Sandler investor protection violation 2002 SEC $100,000
Dean Witter Reynolds Inc. Morgan Stanley investor protection violation 2002 SEC $500,000
RBC Dain Rauscher Incorporated Royal Bank of Canada investor protection violation 2002 SEC $500,000
Knight Securities, L.P. Virtu Financial investor protection violation 2002 SEC $75,000
Josephthal & Co., Inc. Oppenheimer Holdings investor protection violation 2002 SEC $75,000
Norwest Investment Services, Inc. Wells Fargo investor protection violation 2002 SEC $153,245
Western Asset Management Co. Franklin Resources investor protection violation 2001 SEC $50,000
Legg Mason Fund Adviser, Inc. Franklin Resources investor protection violation 2001 SEC $50,000
ABN AMRO Incorporated ABN AMRO investor protection violation 2001 SEC $200,000
Legg Mason Wood Walker, Incorporated Franklin Resources investor protection violation 2001 SEC $50,000
Prudential Securities Incorporated Wells Fargo investor protection violation 2001 SEC $800,000
First Union Securities, Inc. Wells Fargo investor protection violation 2000 SEC $408,931
Dean Witter Reynolds Inc. Morgan Stanley investor protection violation 2000 SEC $476,702
Fahnestock & Co., Inc. Oppenheimer Holdings investor protection violation 2000 SEC $20,000
Janney Montgomery Scott LLC Penn Mutual investor protection violation 2000 SEC $100,000
Dreyfus Corporation Bank of New York Mellon investor protection violation 2000 SEC $950,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2019 SEC $8,014,000
Wells Fargo Securities Wells Fargo investor protection violation 2019 SEC $812,500
Wedbush Securities Inc. Wedbush Securities investor protection violation 2019 SEC $250,000
BB&T Securities Truist Financial investor protection violation 2019 SEC $5,709,753
JPMorgan Chase Bank N.A. JPMorgan Chase investor protection violation 2018 SEC $135,100,000
Bank of New York Mellon Bank of New York Mellon investor protection violation 2018 SEC $54,000,000
Natixis Securities Americas LLC Natixis investor protection violation 2018 SEC $1,250,000
Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC Wells Fargo investor protection violation 2019 SEC $17,363,847
RBC Capital Markets, LLC Royal Bank of Canada investor protection violation 2019 SEC $11,715,395
Deutsche Bank Securities Inc. Deutsche Bank investor protection violation 2019 SEC $2,971,462
First Republic Investment Management, Inc. First Republic Bank investor protection violation 2019 SEC $1,005,194
Stifel and Nicolaus & Company, Incorporated Stifel Financial investor protection violation 2019 SEC $6,037,175
Janney Montgomery Scott LLC Penn Mutual investor protection violation 2019 SEC $241,227
Sorrento Pacific Financial, LLC Atria Wealth Solutions investor protection violation 2019 SEC $49,162
CUSO Financial Services, L.P. Atria Wealth Solutions investor protection violation 2019 SEC $296,750
AXA Advisors, LLC Equitable Holdings investor protection violation 2019 SEC $1,134,152
BB&T Securities, LLC Truist Financial investor protection violation 2019 SEC $376,059
Next Financial Group, Inc. Atria Wealth Solutions investor protection violation 2019 SEC $1,405,349
Bok Financial Securities, Inc. BOK Financial investor protection violation 2019 SEC $197,801
Ameritas Investment Corp. Ameritas Mutual Holding Company investor protection violation 2019 SEC $3,389,174
Principal Securities, Inc. Principal Financial investor protection violation 2019 SEC $1,764,624
Transamerica Financial Advisors, Inc. Aegon investor protection violation 2019 SEC $6,023,072
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)