Violation Tracker Individual Record

Company: 
E-TRADE Securities, Inc.
Current Parent Company: 
Morgan Stanley
Penalty: 
$20,000
Year: 
2000
Date: 
May 2, 2000
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

NASD Regulation, Inc., censured and fined E*TRADE Securities, Inc., of Menlo Park, CA, $20,000 for failing to promptly respond to NASD Regulation requests for information relating to customer complaints.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Financial Industry Regulatory Authority
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Notes: 

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: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.