Violation Tracker Individual Record
: Managers Distributors, Inc.
: August 11, 2008
: financial offenses
: investor protection violation
: financial institution supervision failures
: Managers Distributors, Inc. agreed to pay a $25,000 fine, $25,000 in costs and make a $300,000 contribution to the Connecticut Department of Eduction for promoting financial literacy, in settlement of allegations it failed to enforce a supervisory system to ensure compliance with securities regulations.
Level of Government
: agency action
: Connecticut Securities and Business Investments Division
Civil or Criminal Case
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Current parent company note
: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log