Violation Tracker Individual Record

Company: 
New Castle Financial Services LLC
Penalty: 
$100,000
Year: 
2008
Date: 
August 18, 2008
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

New Castle Financial Services agreed to pay a $50,000 fine and contribute $50,000 to the National White Collar Crime Center in settlement of allegations it sold unregistered securities, employed unregistered agents, used sales material in a deceptive or misleading manner, and failed to maintain a system for supervising the activities of its agents.

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.