Violation Tracker Individual Record

Company: 
Lehman Brothers, Inc.
Current Parent Company: 
Lehman Brothers
Penalty: 
$65,000
Year: 
2001
Date: 
June 27, 2001
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

NASD Regulation, Inc. settled 11 separate disciplinary actions against firms for violations of the NASD's Trade or Move Rule.

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: 
out of business
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: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.