Violation Tracker Individual Record
Company:Alliance Capital Management L.P.
Date:December 18, 2003
Offense Group:financial offenses
Primary Offense:investor protection violation
Secondary Offense:securities issuance or trading violation
Alliance Capital Management L.P. agreed to pay $250 million to settle allegations that it allowed market timing in certain of its mutual funds in exchange for fee-generating investments in other Alliance Capital investment vehicles.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:investment management
Source of Data:
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.