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Violation Tracker Individual Record

Company: Massachusetts Mutual Life Insurance Company
Current Parent CompanyMassachusetts Mutual Life Insurance
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,625,000
Year: 2012
Date: November 15, 2012
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: The Securities and Exchange Commission announced that Massachusetts Mutual Life Insurance Company settled securities law violations for failing to sufficiently disclose the potential negative impact of a cap it placed on a complex investment product that investors were planning to use for retirement.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Massachusetts
Ownership Structure of Current Parent: mutual
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.