Violation Tracker Individual Record

Credit Suisse First Boston LLC
Current Parent Company: 
Credit Suisse
February 2, 2004
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

NASD censured and fined Credit Suisse First Boston LLC $150,000 and required it to pay more than $600,000 in restitution for failing to provide six customers with the best available price at the opening on the first day of trading of NASD also found that CSFB failed to honor its published quotations for MP3 in 30 instances on the same day and fined it $20,000.

Level of Government: 
Action Type: 
agency action
Financial Industry Regulatory Authority
Civil or Criminal Case: 
HQ Country of Parent: 
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities

FINRA is a securities industry self-regulatory body authorized by the federal government. This case was handled by its predecessor, the National Association of Securities Dealers (NASD).

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.