Violation Tracker Individual Record

Company: 
ICP Asset Management
Penalty: 
$18,275,033
Year: 
2012
Date: 
September 7, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

New York-based investment advisory firm ICP Asset Management and its founder and president Thomas C. Priore agreed to settle SEC charges that they defrauded several collateralized debt obligations (CDOs) they managed.

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.