Violation Tracker Individual Record
Company:Commerce Brokerage Services, Inc.
Date:November 18, 2008
Offense Group:financial offenses
Primary Offense:investor protection violation
Secondary Offense:financial institution supervision failures
Commerce Brokerage agreed to pay $500,000 to the Investor Education and Protection Fund and $25,000 in costs in settlement of allegations it failed to reasonably supervise its agents engaged in marketing and sales of Auction Rate Securities.
Level of Government:state
Action Type:agency action
Agency:Missouri Secretary of State-Securities
Civil or Criminal Case:civil
Source of Data:
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