Violation Tracker Individual Record
Company:
Royal Bank of Canada
Current Parent Company:
Royal Bank of Canada
Penalty:
$22,156
Year:
2009
Date:
September 22, 2009
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Royal Bank of Canada agreed to pay a fine of $22,156 in settlement over 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 Parent:
Canada
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking
Source of Data:
https://web.archive.org/web/20181129185013/https://news.delaware.gov/2009/09/22/royal-bank-of-canada-capital-markets-fined-22156-for-sale-of-auction-rate-securities/
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
