Violation Tracker Individual Record

Company: 
UBS Securities LLC
Current Parent Company: 
UBS
Penalty: 
$14,400,000
Year: 
2015
Date: 
January 15, 2015
Primary Offense: 
investor protection violation
Violation Description: 

The Securities and Exchange Commission announced that a subsidiary of UBS would pay $14.4 million to settle allegations relating to disclosure failures and other securities law violations linked to the operation and marketing of its dark pool.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Switzerland
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
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.