Violation Tracker Individual Record

Company: 
Great Eastern Securities, Inc.
Penalty: 
$600,000
Year: 
2007
Date: 
June 22, 2007
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

Great Eastern Securities, Inc. was ordered to pay $600,000 in an Administrative Order finding it sold securities through unregistered agents, failed to supervise the activity of its agents, failed to keep accurate records and failed to provide records to the Banking Commisioner.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Connecticut Securities and Business Investments Division
Civil or Criminal Case: 
civil
Facility State: 
Connecticut
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.