Violation Tracker Individual Record

Company: 
Cincinnati Analysts, Inc.
Penalty: 
$740,000
Year: 
2014
Date: 
July 28, 2014
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

Cincinnati Analysts agreed to pay $100,000 to the Investor Education and Protector Fund and $10,000 in costs in settlement of allegations it failed to reasonably supervise an investment advisor convicted of fraud for misappropriating client funds. The company's settlement with investors for $630,000 in restitution is one of the terms of this Consent Order, so it is included in penalty total.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Missouri Secretary of State-Securities
Civil or Criminal Case: 
civil
Facility State: 
Missouri
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.