Violation Tracker Individual Record
Company:
RBC Capital Markets, LLC
Current Parent Company:
Royal Bank of Canada
Penalty:
$250,000
Year:
2012
Date:
May 2, 2012
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Level of Government:
state
Action Type:
agency action
Agency:
Massachusetts Securities Division
Civil or Criminal Case:
civil
Facility State:
Massachusetts
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:
http://www.sec.state.ma.us/sct/archived/sctrbc/rbc_consent_order.pdf
Notes:
News release estimates $2.0 million restitution from settlement.
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.
