Violation Tracker Individual Record

Company: 
OZ Management LP
Current Parent Company: 
Och-Ziff Capital Management
Penalty: 
$4,250,000
Year: 
2015
Date: 
July 14, 2015
Offense Group: 
miscellaneous offenses
Primary Offense: 
data submission deficiencies
Violation Description: 

OZ Management LP settled allegations that it provided inaccurate trade data to four prime brokers, causing inaccuracies in the brokers' books and records and in data provided to the SEC in investigations. OZ Management, an investment adviser for numerous Och-Ziff funds, admitted wrongdoing and agreed to pay a $4.25 million penalty.

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: 
investment management
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.