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Violation Tracker Individual Record

Company: Claritas Investments Ltd.
Current Parent CompanyPrincipal Financial
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $144,819
Year: 2013
Date: September 17, 2013
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: securities issuance or trading violation
Violation Description: The SEC announced enforcement actions against 23 firms for short selling violations as the agency increased its focus on preventing firms from improperly participating in public stock offerings after selling short those same stocks. Such violations typically result in illicit profits for the firms.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Iowa
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.