Violation Tracker Individual Record
Company:Ameriprise Financial Services, Inc.
Date:January 25, 2008
Offense Group:financial offenses
Primary Offense:investor protection violation
Secondary Offense:financial institution supervision failures
Ameriprise agreed to pay a $75,000 fine and offer $1,374,384 in restitution in settlement of allegations it failed to adequately supervise an investment advisor accused of defrauding customers.
Level of Government:state
Action Type:agency action
Agency:Illinois Secretary of State-Securities
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:Minnesota
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:financial services
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