Violation Tracker Individual Record

Company: 
Ivy Asset Management, LLC
Penalty: 
$210,000,000
Year: 
2012
Date: 
November 13, 2012
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

The New York Attorney announced a settlement of over $210 million with the Ivy Asset Management, LLC, a Bank of New York Mellon subsidiary that advised clients to invest with Bernard Madoff.

Level of Government: 
state
Action Type: 
agency action
Agency: 
New York Attorney General
Civil or Criminal Case: 
civil
Facility State: 
New York
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.