Violation Tracker Individual Record

Company: 
ADM Investor Services, Inc.
Current Parent Company: 
Archer Daniels Midland
Penalty: 
$200,000
Year: 
2009
Date: 
March 26, 2009
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

The U.S. Commodity Futures Trading Commission simultaneously filed and settled charges against ADM Investor Services, Inc. for violating rules governing post-execution allocations, maintenance of books and records, and supervision of its employees. The CFTC order sanctioned the company with a $200,000 civil monetary penalty.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Illinois
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
agribusiness
Specific Industry of Parent: 
agribusiness
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.