Violation Tracker Individual Record
Company:
Martin Currie
Penalty:
$8,300,000
Year:
2012
Date:
May 10, 2012
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
A Scotland-based fund management group agreed to pay $8.3 million to settle SEC allegations of fraudulently using one of its U.S. fund clients to rescue another client, a China-focused hedge fund struggling in the midst of the global financial crisis.
Level of Government:
federal
Action Type:
agency action
Agency:
Securities and Exchange Commission
Civil or Criminal Case:
civil
Source of Data:
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.
