Defendant Name: The Bank of New York Mellon

Defendant Type: Subsidiary of Public Company
Public Company Parent: Bank of New York Mellon Corporation
SIC Code: 6022
CUSIP: 06405810

Initial Case Details

Legal Case Name In the Matter of The Bank of New York Mellon
First Document Date 17-Dec-2018
Initial Filing Format Administrative Action
File Number 3-18933
Allegation Type Broker Dealer

Violations Alleged

Securities Act
• Sec 17(a)(3)

Resolutions

First Resolution Date 17-Dec-2018
Headline Total Penalty and Disgorgement $54,187,555

Related Documents:

33-10586 17-Dec-2018 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order
On December 17, 2018, the SEC issued an order against The Bank of New York Mellon stating: "These proceedings arise out of BNY Mellon's improper practices involving the pre-release of American Depositary Receipts ("ADRs")."
2018-285 17-Dec-2018 Press Release--Administrative Proceeding
BNY Mellon to Pay More Than $54 Million for Improper Handling of ADRs
The SEC stated: "Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of "pre-released" American Depositary Receipts (ADRs)."