Violation Tracker Individual Record
Company:E*TRADE Securities LLC
Date:October 19, 2011
Offense Group:financial offenses
Primary Offense:investor protection violation
E*TRADE agreed to pay $5 million to a group of states to resolve allegations the company failed to warn investors about the risks of auction-rate preferred securities.
Level of Government:state
Action Type:agency action
Agency:Multistate Financial Regulators Case
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
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.