Violation Tracker Individual Record

Company: 
Hold Brothers On-Line Investment Services
Penalty: 
$2,535,000
Year: 
2012
Date: 
September 25, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
securities issuance or trading violation
Violation Description: 

A New York-based brokerage firm agreed to pay more than $2.5 million to settle allegations of allowing traders outside the U.S. to access the markets and conduct manipulative trading through accounts the firm controlled.

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.