Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: DBRS Inc.
Penalty: $5,814,482
Year: 2015
Date: October 26, 2015
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: The SEC accused credit rating agency DBRS Inc. of misrepresenting its surveillance methodology for ratings of certain complex financial instruments during a three-year period. The firm agreed to pay nearly $6 million to settle the case.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.