Violation Tracker Individual Record

Company: 
Morgan Stanley Smith Barney LLC
Current Parent Company: 
Morgan Stanley
Penalty: 
$1,000,000
Year: 
2016
Date: 
June 7, 2016
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Morgan Stanley Smith Barney LLC agreed to pay a $1 million penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered for sale online.

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: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.