Defendant Name: UBS Financial Services Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: UBS Group AG
SIC Code: 6021
CUSIP: H4209710

Initial Case Details

Legal Case Name In the Matter of UBS Financial Services Inc.
First Document Date 17-Dec-2018
Initial Filing Format Administrative Action
File Number 3-18931
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 17(a) Exchange Act; Rule 17a-8 Exchange Act

Resolutions

First Resolution Date 17-Dec-2018
Headline Total Penalty and Disgorgement $5,000,000

Related Documents:

34-84828 17-Dec-2018 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934 and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On December 17, 2018, the SEC issued an order against UBS Financial Services Inc. stating: "This matter concerns Respondent's violations of Section 17(a) of the Exchange Act and Rule 17a-8 thereunder in connection with its failure to file suspicious activity reports ("SARs")."
34-84828-s 17-Dec-2018 Administrative Summary
SEC Charges UBS Financial Services Inc. with Anti-Money Laundering Violations
The SEC stated that: "[It] settled charges against broker-dealer UBS Financial Services Inc. for failing to report suspicious transactions in customer accounts."