Defendant Name: BB&T Securities, LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: BB&T Corporation
SIC Code: 6712
CUSIP: 05493710

Initial Case Details

Legal Case Name In the Matter of BB&T Securities, LLC, as successor entity to BB&T Investment Services, Inc.
First Document Date 07-Sep-2018
Initial Filing Format Administrative Action
File Number 3-18730
Allegation Type Investment Advisers/Investment Companies

Violations Alleged

Section 206(2) Advisers Act


First Resolution Date 07-Sep-2018
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

IA-5002-s 07-Sep-2018 Administrative Summary
SEC Charges Investment Adviser for Failing to Fully Disclose Affiliate Compensation Arrangement
"The Securities and Exchange Commission today announced charges against investment adviser BB&T Securities, LLC for failing to adequately disclose material conflicts of interest arising out of a compensation arrangement with an affiliated investment adviser."
IA-5002 07-Sep-2018 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing a Cease-and-Desist Order
On September 7, 2018, the SEC issued an order against BB&T Securities, LLC, stating: "This matter involves an investment adviser's failure to adequately disclose to clients facts giving rise to material conflicts of interest."