Violation Tracker Individual Record
Company:Credit Suisse Securities (USA) LLC
Date:September 16, 2008
Offense Group:financial offenses
Primary Offense:investor protection violation
Credit Suisse Securities agreed to pay $15 million to a group of states to resolve litigation alleging it failed to properly inform investors about the risks of auction-rate securities.
Level of Government:state
Action Type:agency action
Agency:Multistate Financial Regulators Case
Civil or Criminal Case:civil
HQ Country of Parent:Switzerland
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
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