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
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
Comerica Securities, Inc. Comerica investor protection violation 2019 SEC $186,377
Santander Securities LLC Banco Santander investor protection violation 2019 SEC $270,539
Oppenheimer & Co. Inc. and Oppenheimer Asset Management Inc. Oppenheimer Holdings investor protection violation 2019 SEC $3,528,377
LPL Financial LLC LPL Financial investor protection violation 2019 SEC $9,333,516
TIAA-CREF Individual & Institutional Services, LLC TIAA investor protection violation 2019 SEC $2,395,722
Raymond James Financial Services Advisors, Inc. Raymond James Financial investor protection violation 2019 SEC $6,877,048
ProEquities, Inc. Dai-ichi Life investor protection violation 2019 SEC $1,852,383
Santander Consumer USA Holdings Inc. Banco Santander investor protection violation 2018 SEC $1,500,000
UBS Financial Services Inc. UBS investor protection violation 2018 SEC $5,000,000
Deutsche Bank Trust Company Americas Deutsche Bank investor protection violation 2019 SEC $500,000
BMO Capital Markets Corporation Bank of Montreal investor protection violation 2019 SEC $3,946,000
Cantor Fitzgerald & Co. Cantor Fitzgerald investor protection violation 2019 SEC $647,000
Deutsche Bank AG Deutsche Bank Foreign Corrupt Practices Act 2019 SEC $16,178,850
Industrial and Commercial Bank of China Financial Services LLC Industrial and Commercial Bank of China investor protection violation 2019 SEC $42,700,000
Nomura Securities International Inc. Nomura investor protection violation 2019 SEC $26,400,000
State Street Bank and Trust Company State Street Corp. investor protection violation 2019 SEC $88,780,000
Wedbush Securities Inc. Wedbush Securities investor protection violation 2019 SEC $8,100,000
Morgan Stanley Smith Barney LLC Morgan Stanley investor protection violation 2019 SEC $1,545,758
Hilltop Securities Inc. and Hilltop Securities Independent Network Inc. Hilltop Holdings investor protection violation 2019 SEC $810,785
Wedbush Securities Inc. Wedbush Securities investor protection violation 2019 SEC $1,852,540
Virtu Americas LLC Virtu Financial investor protection violation 2019 SEC $1,500,000
BMO Harris Financial Advisors Inc. and BMO Asset Management Corp. Bank of Montreal investor protection violation 2019 SEC $37,980,000
Barclays PLC Barclays Foreign Corrupt Practices Act 2019 SEC $6,308,726
GFI Securities LLC BGC Partners investor protection violation 2019 SEC $4,300,000
Raymond James & Associates, Inc. et al. Raymond James Financial investor protection violation 2019 SEC $15,000,000
Morgan Stanley Smith Barney, LLC Morgan Stanley investor protection violation 2019 SEC $225,000
Stifel, Nicolaus & Co., Inc. Stifel Financial investor protection violation 2019 SEC $2,700,000
BMO Capital Markets Corp. Bank of Montreal investor protection violation 2019 SEC $1,950,000
Prudential Financial Inc. Prudential Financial investor protection violation 2019 SEC $32,600,000
Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network Wells Fargo investor protection violation 2020 SEC $35,000,000
Wells Fargo & Co. Wells Fargo investor protection violation 2020 SEC (*) $500,000,000
ABN AMRO Clearing Chicago LLC ABN AMRO investor protection violation 2020 SEC $586,000
MetLife, Inc. MetLife investor protection violation 2019 SEC $10,000,000
J.P. Morgan Securities LLC JPMorgan Chase investor protection violation 2020 SEC $1,822,438
U.S. Bancorp Investments, Inc. U.S. Bancorp investor protection violation 2020 SEC $15,992,441
Morgan Stanley Smith Barney LLC Morgan Stanley investor protection violation 2020 SEC $5,000,000
RBC Capital Markets LLC Royal Bank of Canada investor protection violation 2020 SEC $3,889,007
Merrill Lynch, Pierce and Fenner & Smith, Incorporated Bank of America investor protection violation 2020 SEC $325,376
Cantor Fitzgerald & Co. Cantor Fitzgerald investor protection violation 2020 SEC $3,200,000
HSBC Securities (USA) Inc. HSBC investor protection violation 2020 SEC $725,000
Northern Trust Hedge Fund Services LLC Northern Trust investor protection violation 2020 SEC $167,629
Interactive Brokers LLC Interactive Brokers Group investor protection violation 2020 SEC $11,500,000
World Acceptance Corporation World Acceptance Corporation Foreign Corrupt Practices Act 2020 SEC $21,700,000
VALIC Financial Advisors Inc. American International Group investor protection violation 2020 SEC $39,900,000
UBS Financial Services Inc. UBS investor protection violation 2020 SEC $10,000,000
Franklin Advisers and Inc. Franklin Resources investor protection violation 2020 SEC $250,000
Franklin Templeton Investments Corp. Franklin Resources investor protection violation 2020 SEC $75,000
BNP Paribas Securities Corp. BNP Paribas investor protection violation 2020 SEC $250,000
SG Americas Securities LLC Societe Generale investor protection violation 2020 SEC $1,550,000
AmTrust Financial Services Inc. AmTrust Financial Services investor protection violation 2020 SEC $10,300,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)