Violation Tracker Individual Record

Company: 
BNY Mellon
Current Parent Company: 
Bank of New York Mellon
Penalty: 
$6,600,000
Year: 
2017
Date: 
January 12, 2017
Primary Offense: 
investor protection violation
Violation Description: 

BNY Mellon agreed to pay a $6.6 million penalty to settle allegations stemming from miscalculations of its risk-based capital ratios and risk-weighted assets reported to investors.

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: 
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.