Violation Tracker Summary for Primary Offense Type

Offense Type: 
investor protection violation
Penalty Total since 2000: 
$88,756,002,782
Number of Penalty Records: 
6,714
Note: 
The totals here 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$13,529,353,962112
UBS$11,680,437,33364
Citigroup$8,177,245,73064
Allianz$6,523,100,0007
JPMorgan Chase$6,210,421,20673
Morgan Stanley$4,209,326,733141
Deutsche Bank$4,049,166,82840
Goldman Sachs$3,904,979,98440
Wells Fargo$2,487,362,73582
American International Group$1,623,560,00010


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 Parent Major Industry Year Agencysort icon Penalty Amount
SG Cowen, LLC Cowen Inc. financial services 2004 FINRA $800,000
National Securities Corp.   2004 FINRA $600,000
Morgan Stanley DW Inc. Morgan Stanley financial services 2004 FINRA $2,200,000
Goldman, Sachs & Co. Goldman Sachs financial services 2004 FINRA $5,000,000
Deutsche Bank Securities, Inc. Deutsche Bank financial services 2004 FINRA $5,000,000
Miller Tabak Roberts Securities, LLC   2004 FINRA $5,000,000
Citigroup Global Markets Inc. Citigroup financial services 2004 FINRA $5,000,000
Citigroup Global Markets, Inc. Citigroup financial services 2004 FINRA $250,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America financial services 2004 FINRA $250,000
Morgan Stanley DW Inc. Morgan Stanley financial services 2004 FINRA $250,000
Piper Jaffray & Co. Piper Sandler financial services 2004 FINRA $2,400,000
Charles Schwab & Co, Inc. Charles Schwab Corp. financial services 2004 FINRA $60,869
Edward Jones Jones Financial financial services 2004 FINRA $25,181
First Trust Portfolios L.P   2004 FINRA $118,680
Merrill Lynch, Pierce, Fenner & Smith Inc. Bank of America financial services 2004 FINRA $109,527
Morgan Stanley DW Inc. Morgan Stanley financial services 2004 FINRA $38,312
Prudential Equity Group, LLC Prudential Financial financial services 2004 FINRA $17,306
UBS Financial Services Inc. UBS financial services 2004 FINRA $200,666
Wachovia Securities, LLC. Wells Fargo financial services 2004 FINRA $39,486
D.A. Davidson & Co.   2004 FINRA $150,000
TD Waterhouse Investor Services, Inc. Toronto-Dominion Bank financial services 2004 FINRA $150,000
Stifel Nicolaus & Company Stifel Financial financial services 2004 FINRA $125,000
National Planning Corp.   2004 FINRA $100,000
SII Investments, Inc.   2004 FINRA $100,000
Davenport & Co. LLC   2004 FINRA $738,000
Nationwide Investment Services Corporation   2004 FINRA $175,000
American Express Financial Advisors, Inc. Ameriprise Financial financial services 2004 FINRA $300,000
Bear, Stearns & Co. Inc. JPMorgan Chase financial services 2004 FINRA $4,950,000
Deutsche Bank Securities, Inc. Deutsche Bank financial services 2004 FINRA $5,290,000
Morgan Stanley & Co. Inc. Morgan Stanley financial services 2004 FINRA $5,390,000
David Lerner Assoc.   2004 FINRA $100,000
Robertson Stephens, Inc.   2004 FINRA $275,000
Ameritrade, Inc. Charles Schwab Corp. financial services 2004 FINRA $10,000,000
AXA Advisors, LLC Equitable Holdings financial services 2004 FINRA $250,000
State Street Research Investment Services, Inc. BlackRock financial services 2004 FINRA $1,500,000
Bear, Stearns & Co. Inc. JPMorgan Chase financial services 2004 FINRA $280,469
Lehman Brothers Inc. Lehman Brothers financial services 2004 FINRA $123,882
Cresap, Inc.   2004 FINRA $99,458
SWS Financial Services   2004 FINRA $66,468
Kirkpatrick, Pettis, Smith, Polian Inc.   2004 FINRA $39,935
Southwest Securities, Inc. Hilltop Holdings financial services 2004 FINRA $36,971
David Lerner Associates, Inc.   2004 FINRA $32,711
Brecek & Young Advisors, Inc.   2004 FINRA $31,224
Credit Suisse First Boston LLC Credit Suisse financial services 2004 FINRA $770,000
Prudential Equity Group, Inc. and Prudential Investment Management Services LLC Prudential Financial financial services 2004 FINRA $11,500,000
Worldco LLC   2004 FINRA $1,500,000
Metropolitan Investment Securities, Inc.   2003 FINRA $4,300,000
Morgan Stanley DW Inc. Morgan Stanley financial services 2003 FINRA (*) $50,000,000
Wells Investment Securities, Inc.   2003 FINRA $150,000
Morgan Stanley DW Inc. Morgan Stanley financial services 2003 FINRA $2,000,000
Altegris Investments, Inc.   2003 FINRA $175,000
J.P. Morgan Securities, Inc. JPMorgan Chase financial services 2003 FINRA $6,000,000
Robertson Stephens, Inc.   2003 FINRA (*) $14,000,000
American Express Financial Advisors Inc. Ameriprise Financial financial services 2002 FINRA $350,000
Deutsche Bank Securities Inc. Deutsche Bank financial services 2002 FINRA (*) $1,650,000
Goldman, Sachs & Co. Goldman Sachs financial services 2002 FINRA (*) $1,650,000
Morgan Stanley & Co. Incorporated Morgan Stanley financial services 2002 FINRA (*) $1,650,000
Salomon Smith Barney Inc. Morgan Stanley financial services 2002 FINRA (*) $1,650,000
U.S. Bancorp Piper Jaffray Inc. Piper Sandler financial services 2002 FINRA (*) $1,650,000
Fiero Brothers, Inc.   2002 FINRA $1,000,000
Sterling Financial Investment Group   2002 FINRA $40,000
Swift Trade Securities USA, Inc.   2002 FINRA $101,000
Salomon Smith Barney Morgan Stanley financial services 2002 FINRA $5,000,000
U.S. Bancorp Piper Jaffray Piper Sandler financial services 2002 FINRA $250,000
Hornblower & Weeks, Inc.   2002 FINRA $100,000
M.H. Meyerson, & Co., Inc.   2002 FINRA $75,000
Interactive Brokers, L.L.C. Interactive Brokers Group financial services 2002 FINRA $230,000
Credit Suisse First Boston Corporation Credit Suisse financial services 2002 FINRA (*) $50,000,000
Tower Square Securities   2002 FINRA $4,500,000
Worldco, LLC   2002 FINRA $175,000
Knight Securities L.P. Virtu Financial financial services 2002 FINRA $1,500,000
CUNA Brokerage Services, Inc. CUNA Mutual financial services 2001 FINRA $100,000
Mutual Service Corporation, Inc.   2001 FINRA $35,000
National Financial Services, L.L.C.   2001 FINRA $30,000
Windsor Capital Advisors, Inc.   2001 FINRA $20,000
Prudential Securities Incorporated Wells Fargo financial services 2001 FINRA $20,000
Pershing Trading Company, L.P.   2001 FINRA $20,000
Gerard Klauer Mattison & Co., Inc.   2001 FINRA $10,000
BancBoston Robertson Stephens   2001 FINRA $10,000
J.P. Morgan Securities, Inc. JPMorgan Chase financial services 2001 FINRA $10,000
Ko Securities, Inc.   2001 FINRA $162,450
Fleet Securities, Inc.   2001 FINRA $50,000
NDB Capital Markets LP   2001 FINRA $250,000
Herzog, Heine, Geduld, Inc.   2001 FINRA $18,000
Schwab Capital Markets UBS financial services 2001 FINRA $12,000
Spear, Leeds & Kellogg Goldman Sachs financial services 2001 FINRA $10,000
Access Securities, Inc.   2001 FINRA $14,000
Aegis Capital Corp.   2001 FINRA $19,000
Dalton Kent Securities Group, Inc.   2001 FINRA $25,000
Ramius Securities L.L.C.   2001 FINRA $61,000
Torrey Pines Securities, Inc.   2001 FINRA $14,000
E-Trade Securities Morgan Stanley financial services 2001 FINRA $90,000
NDB Capital Markets, LP   2001 FINRA $75,000
Lehman Brothers, Inc. Lehman Brothers financial services 2001 FINRA $65,000
Fleet Securities, Inc.   2001 FINRA $40,000
Herzog, Heine, Geduld, Inc.   2001 FINRA $40,000
Banc of America Securities LLC Bank of America financial services 2001 FINRA $40,000
Credit Suisse First Boston Corporation Credit Suisse financial services 2001 FINRA $25,000
ING Barings LLC   2001 FINRA $20,000
Merrill Lynch, Pierce, Fenner & Smith, Inc. Bank of America financial services 2001 FINRA $15,000
Penson Financial Services, Inc.   2001 FINRA $15,000
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Phil Mattera)
(*): Some penalties are partial or complete duplicates of other penalty records, either because a DOJ settlement duplicates an agency record or because EPA listed the full penalty for a company for each of the company's relevant facilities. Penalty amounts marked with an asterisk have been identified by Good Jobs First as duplicating other penalty amounts.