Violation Tracker Individual Record

Company: 
Fremont Investment Advisors
Penalty: 
$4,146,000
Year: 
2004
Date: 
November 4, 2004
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

Fremont Investment Advisors agreed to pay more than $4 million to settle allegations of entering into improper and undisclosed agreements that allowed favored large investors to engage in rapid short-term securities trading known as market timing.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
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.