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Violation Tracker Individual Record

Company: Mizuho Financial Group
Current Parent CompanyMizuho Financial
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $127,500,000
Year: 2012
Date: July 18, 2012
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: The Securities and Exchange Commission announced a settlement with the U.S. investment banking subsidiary of Japan-based Mizuho Financial Group and three former employees concerning allegations of misleading investors in a collateralized debt obligation by using dummy assets to inflate the deal's credit ratings.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
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.