Violation Tracker Individual Record
Company:
Raymond James and Associates Inc.
Current Parent Company:
Raymond James Financial
Penalty:
$4,200,000
Year:
2016
Date:
June 5, 2016
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Secondary Offense:
financial institution supervision failures
Violation Description:
Raymond James agreed to pay $1,450,00 to the state and $2,750,000 to investors to resolve allegations that it improperly supervised its employees involved in marketing investments under the EB-5 program.
Level of Government:
state
Action Type:
agency action
Agency:
Vermont Department of Financial Regulation
Civil or Criminal Case:
civil
Facility State:
Vermont
HQ Country of Parent:
USA
HQ State of Parent:
Florida
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
financial services
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.
