Violation Tracker Individual Record
Company:Merrill Lynch, Pierce, Fenner & Smith Inc.
Date:June 12, 2018
Offense Group:financial offenses
Primary Offense:investor protection violation
Merrill Lynch, Pierce, Fenner & Smith Inc. agreed to pay more than $15 million to settle allegations that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS).
Level of Government:federal
Action Type:agency action
Agency:Securities and Exchange Commission
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:North Carolina
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
Source of Data:
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