Violation Tracker Individual Record

Company: 
China Shenghai Investment Management Limited
Penalty: 
$4,300,000
Year: 
2014
Date: 
February 11, 2014
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

Two Hong Kong-based asset management firms whose accounts were frozen in a major insider trading case have to pay nearly $11 million to settle the charges against them.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.