Violation Tracker Individual Record

Company: 
SG Cowen & Co., LLC f/k/a SG Cowen Securities Corporation
Current Parent Company: 
Cowen Inc.
Penalty: 
$125,000
Year: 
2004
Date: 
August 25, 2004
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The SEC announced settled enforcement actions against seven broker-dealers for failing to disclose they had received payments for providing research coverage of certain public companies, in violation of Section 17(b) of the Securities Act of 1933.

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 and brokerage 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.