Violation Tracker Individual Record
Date:December 20, 2002
Primary Offense:investor protection violation
Ten major brokerage houses agreed to take steps to address conflicts of interest in their securities research work and pay $1.3 billion in penalties to settle multistate litigation.
Level of Government:state
Action Type:agency action
Agency:Multistate Attorneys General Case
Civil or Criminal Case:civil
HQ Country of Parent:Germany
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking & securities
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