Violation Tracker Individual Record
Company:Canadian Imperial Bank of Commerce
Date:July 20, 2005
Offense Group:financial offenses
Primary Offense:investor protection violation
Secondary Offense:securities issuance or trading violation
Canadian Imperial Bank of Commerce agreed to pay $125 million to settle allegations of facilitating deceptive market timing and late trading of mutual funds by certain customers.
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
HQ Country of Parent:Canada
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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