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Violation Tracker Individual Record

Company: Merrill Lynch
Current Parent Company: Bank of America
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $459,000
Year: 2009
Date: September 11, 2009
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Merrill Lynch agreed to pay a fine of $459,000 in settlement of allegations it misled investors about the safety of the aution rate securities (ARS) market.
Level of Government: state
Action Type: agency action
Agency: Delaware Attorney General
Civil or Criminal Case: civil
Facility State: Delaware
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
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.