Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: State Street Bank and Trust Company
Current Parent Company: State Street Corp.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $12,000,000
Year: 2016
Date: January 14, 2016
Offense Group: miscellaneous offenses
Primary Offense: illicit political contributions
Violation Description: State Street Bank and Trust Company agreed to pay $12 million to settle charges that it conducted a pay-to-play scheme through its then-senior vice president and a hired lobbyist to win contracts to service Ohio pension funds.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Massachusetts
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
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.