Violation Tracker Individual Record

Company: 
ProEquities, Inc
Current Parent Company: 
Dai-ichi Life
Penalty: 
$435,000
Year: 
2012
Date: 
December 4, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

ProEquities agreed to pay $435,000 to a group of states to resolve alleged violations of rules regarding the licensing of investment advisors.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Financial Regulators Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Japan
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
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.