Violation Tracker Individual Record

Company: 
Banco Espirito Santo S.A.
Current Parent Company: 
Banco Espirito Santo
Penalty: 
$7,000,000
Year: 
2011
Date: 
October 24, 2011
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Banco Espirito Santo S.A. agreed to settle alleged violations of the broker-dealer and investment adviser registration provisions and the securities transaction registration provisions of the federal securities laws.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Portugal
Ownership Structure of Parent: 
out of business
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
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.