Violation Tracker Individual Record

Company: 
BISYS Fund Services, Inc.
Penalty: 
$21,400,000
Year: 
2006
Date: 
September 26, 2006
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

BISYS Fund Services, Inc., a mutual fund administrator, agreed to pay more than $21 million to settle allegations that it aided and abetted over two dozen mutual fund advisers in defrauding fund investors.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
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.