Violation Tracker Individual Record

Company: 
American General Securities Incorporated
Current Parent Company: 
Reverence Capital Partners
Penalty: 
$215,000
Year: 
2010
Date: 
March 8, 2010
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

American General Securities agreed to pay a total of $215,000 to regulators in Alabama and Mississippi to resolve a case in which one of its representatives engaged in deceptive practices.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Financial Regulators Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
privately held
Major Industry of Parent: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
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.