Violation Tracker Industry Summary Page

Industry: 
financial services
Penalty Total since 2000: 
$334,299,095,239
Number of Records: 
6,901
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$36,051,437,155193
Citigroup$25,536,002,360155
Wells Fargo$21,779,196,719220
Deutsche Bank$18,341,457,30276
UBS$16,854,236,33499
Goldman Sachs$16,381,938,13965
NatWest Group PLC$13,477,129,00031
BNP Paribas$12,147,863,95019
Credit Suisse$10,723,392,62647


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
Guggenheim Partners Investment Management LLC Guggenheim Partners investor protection violation 2015 SEC $20,000,000
OZ Management LP Sculptor Capital Management data submission deficiencies 2015 SEC $4,250,000
BMO Capital Markets GKST Inc. Piper Sandler investor protection violation 2015 SEC $250,000
BNY Mellon Capital Markets, LLC Bank of New York Mellon investor protection violation 2015 SEC $120,000
Citigroup Global Markets Inc. Citigroup investor protection violation 2015 SEC $500,000
Goldman, Sachs & Co. Goldman Sachs investor protection violation 2015 SEC $500,000
Hutchinson, Shockey, Erley & Co. Huntington Bancshares investor protection violation 2015 SEC $220,000
J.P. Morgan Securities LLC JPMorgan Chase investor protection violation 2015 SEC $500,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2015 SEC $500,000
Morgan Stanley & Co. LLC Morgan Stanley investor protection violation 2015 SEC $500,000
The Northern Trust Company Northern Trust investor protection violation 2015 SEC $60,000
Oppenheimer & Co. Inc. Oppenheimer Holdings investor protection violation 2015 SEC $400,000
Piper Jaffray & Co. Piper Sandler investor protection violation 2015 SEC $500,000
Raymond James & Associates, Inc. Raymond James Financial investor protection violation 2015 SEC $500,000
RBC Capital Markets, LLC Royal Bank of Canada investor protection violation 2015 SEC $500,000
Stifel, Nicolaus & Company, Inc. Stifel Financial investor protection violation 2015 SEC $500,000
First Bancorp First Bancorp (North Carolina) accounting fraud or deficiencies 2015 SEC $275,000
Nationwide Life Insurance Company Nationwide investor protection violation 2015 SEC $8,000,000
Macquarie Capital (USA) Inc. Macquarie investor protection violation 2015 SEC $15,000,000
Hampton Roads Bankshares Atlantic Union Bankshares accounting fraud or deficiencies 2014 SEC $200,000
Wedbush Securities Wedbush Securities investor protection violation 2014 SEC $2,440,000
Charles Schwab & Co. Charles Schwab Corp. investor protection violation 2014 SEC $61,800
Interactive Brokers LLC Interactive Brokers Group investor protection violation 2014 SEC $56,000
Investment Professionals Inc. Ameriprise Financial investor protection violation 2014 SEC $67,800
J.P. Morgan Securities JPMorgan Chase investor protection violation 2014 SEC $54,000
Oppenheimer & Co. Oppenheimer Holdings investor protection violation 2014 SEC $61,200
Stifel Nicolaus & Co. Stifel Financial investor protection violation 2014 SEC $60,000
TD Ameritrade Charles Schwab Corp. investor protection violation 2014 SEC $100,800
UBS Financial Services UBS investor protection violation 2014 SEC $56,400
Wedbush Securities Inc. Wedbush Securities investor protection violation 2014 SEC $67,200
E*TRADE Securities Morgan Stanley investor protection violation 2014 SEC $2,500,000
BlackRock Institutional Trust Company BlackRock investor protection violation 2014 SEC $1,675,350
Wilmington Trust M&T Bank accounting fraud or deficiencies 2014 SEC $18,500,000
LavaFlow Inc. Citigroup investor protection violation 2014 SEC $5,000,000
New York Stock Exchange IntercontinentalExchange Group investor protection violation 2014 SEC $4,500,000
Transamerica Financial Advisors Aegon investor protection violation 2014 SEC $1,107,248
Scottrade Charles Schwab Corp. data submission deficiencies 2014 SEC $2,500,000
Western Asset Management Company Franklin Resources investor protection violation 2014 SEC $19,400,000
ConvergEx Group Cowen Inc. investor protection violation 2013 SEC $107,424,429
TD Bank Toronto-Dominion Bank investor protection violation 2013 SEC $15,000,000
Claritas Investments Ltd. Principal Financial investor protection violation 2013 SEC $144,819
Chicago Board Options Exchange CBOE Holdings investor protection violation 2013 SEC $6,000,000
CR Intrinsic Investors SAC Capital investor protection violation 2013 SEC $601,747,463
New York Stock Exchange IntercontinentalExchange Group investor protection violation 2012 SEC $5,000,000
Banco Espirito Santo S.A. Banco Espirito Santo investor protection violation 2011 SEC $7,000,000
AXA Rosenberg AXA investor protection violation 2011 SEC $242,000,000
Merrill Lynch Bank of America investor protection violation 2011 SEC $10,000,000
Regions Bank Regions Financial investor protection violation 2010 SEC $1,000,001
U.S. Pension Trust Corp. and U.S. College Trust Corp. U.S. Pension Trust Corp. investor protection violation 2010 SEC $112,600,000
State Street Bank and Trust Company State Street Corp. investor protection violation 2010 SEC $313,300,000
Assurant Inc. Assurant accounting fraud or deficiencies 2010 SEC $3,500,000
ICAP plc CME Group investor protection violation 2009 SEC $25,000,000
J.P. Morgan Securities Inc. JPMorgan Chase kickbacks and bribery 2009 SEC $75,000,000
Regions Bank Regions Financial investor protection violation 2009 SEC $1,000,000
Bank of America Corporation Bank of America investor protection violation 2009 SEC $33,000,000
Morgan Stanley Morgan Stanley investor protection violation 2009 SEC $500,000
Ameriprise Financial Services, Inc. Ameriprise Financial investor protection violation 2009 SEC $17,300,000
Evergreen Investment Management Company LLC Wells Fargo investor protection violation 2009 SEC $40,000,000
Merrill Lynch, Pierce, Fenner & Smith Inc. Bank of America investor protection violation 2009 SEC $7,000,000
UBS AG UBS tax violations 2009 SEC $200,000,000
Merrill Lynch, Pierce, Fenner & Smith, Inc. Bank of America investor protection violation 2009 SEC $1,000,000
Zurich Financial Services Zurich Insurance accounting fraud or deficiencies 2008 SEC $25,000,000
AmSouth Bank Regions Financial investor protection violation 2008 SEC $11,400,000
Scottrade, Inc. Charles Schwab Corp. investor protection violation 2008 SEC $950,000
Banc of America Investment Services, Inc. Bank of America investor protection violation 2008 SEC $9,763,634
Fidelity Investments Fidelity Investments kickbacks and bribery 2008 SEC $8,000,000
Federal Home Loan Mortgage Corporation (Freddie Mac) Freddie Mac (Federal Home Loan Mortgage Corporation) investor protection violation 2007 SEC $50,000,000
Evergreen Investment Management Company Wells Fargo investor protection violation 2007 SEC $32,500,000
HSBC Bank USA, N.A. HSBC investor protection violation 2007 SEC $10,500,000
Swiss Re Financial Products Corporation Swiss Re investor protection violation 2007 SEC $95,000
General American Life Insurance Company MetLife investor protection violation 2007 SEC $3,300,000
First BanCorp First Bancorp (Puerto Rico) accounting fraud or deficiencies 2007 SEC $8,500,000
Barclays Bank PLC Barclays insider trading 2007 SEC $10,943,561
The BISYS Group Citigroup accounting fraud or deficiencies 2007 SEC $25,000,000
Morgan Stanley & Co. Incorporated Morgan Stanley investor protection violation 2007 SEC $7,957,200
Zurich Capital Markets Inc. Zurich Insurance investor protection violation 2007 SEC $16,800,000
A.G. Edwards & Sons, Inc. Wells Fargo investor protection violation 2007 SEC $3,860,000
Banc of America Securities LLC Bank of America fraud 2007 SEC $26,000,000
Goldman Sachs Execution and Clearing L.P. Goldman Sachs investor protection violation 2007 SEC $2,000,000
RenaissanceRe Holdings Ltd. RenaissanceRe Holdings accounting fraud or deficiencies 2007 SEC $15,000,000
MBIA Inc. MBIA accounting fraud or deficiencies 2007 SEC $50,000,000
Fred Alger Management, Inc. Alger Associates investor protection violation 2007 SEC $40,000,000
Friedman, Billings, Ramsey & Co., Inc. Arlington Asset Investment Corp. insider trading 2006 SEC $3,755,839
Hartford Financial Services Group, Inc. Hartford Financial Services investor protection violation 2006 SEC $55,000,000
Doral Financial Corporation Doral Financial accounting fraud or deficiencies 2006 SEC $25,000,000
Morgan Stanley & Co. Morgan Stanley investor protection violation 2006 SEC $10,000,000
A.G. Edwards & Sons, Inc. Wells Fargo investor protection violation 2006 SEC $125,000
Banc of America Securities LLC Bank of America investor protection violation 2006 SEC $750,000
Bear, Stearns & Co., Inc. JPMorgan Chase investor protection violation 2006 SEC $1,500,000
Citigroup Global Markets, Inc. Citigroup investor protection violation 2006 SEC $1,500,000
Goldman Sachs & Co. Goldman Sachs investor protection violation 2006 SEC $1,500,000
J.P. Morgan Securities, Inc. JPMorgan Chase investor protection violation 2006 SEC $1,500,000
Lehman Brothers Inc. Lehman Brothers investor protection violation 2006 SEC $1,500,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America investor protection violation 2006 SEC $1,500,000
Morgan Keegan & Company, Inc. Raymond James Financial investor protection violation 2006 SEC $125,000
Morgan Stanley & Co. Incorporated/ Morgan Stanley DW Inc. Morgan Stanley investor protection violation 2006 SEC $1,500,000
Piper Jaffray & Co. Piper Sandler investor protection violation 2006 SEC $125,000
RBC Dain Rauscher Inc Royal Bank of Canada investor protection violation 2006 SEC $1,500,000
SunTrust Capital Markets Inc. Truist Financial investor protection violation 2006 SEC $125,000
Wachovia Capital Markets, LLC Wells Fargo investor protection violation 2006 SEC $125,000
Federal National Mortgage Association (Fannie Mae) Fannie Mae accounting fraud or deficiencies 2006 SEC $400,000,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)