Defendant Name: Banc of America Investment Services, Inc

Defendant Type: Subsidiary of Public Company
Public Company Parent: Bank of America Corporation
SIC Code: 6021
CUSIP: 06050510

Initial Case Details

Legal Case Name In the Matter of Banc of America Investment Services, Inc. and Virginia Holliday
First Document Date 22-Oct-2009
Initial Filing Format Administrative Action
File Number 3-13664
Allegation Type Broker Dealer

Violations Alleged

Securities Act
• Sec 15(b)
Other
• Sections 15(b)(4)(E), 15(b)(4)(6)(A) Exchange Act

Resolutions

First Resolution Date 22-Oct-2009
Headline Total Penalty and Disgorgement $150,000

Related Documents:

34-60870 22-Oct-2009 Administrative Proceeding
Order Instituting Administrative Proceedings Pursuant To Section 15(B) Of The Securities Exchange Act Of 1934, Making Findings, And Imposing Remedial Sanctions
On October 22, 2009, the SEC instituted a settled administrative proceeding against Banc of America Investment Services, Inc. and Virginia Holliday. According to the SEC: "These proceedings arise out of BAI's and Holliday's failure reasonably to supervise Brent Lemons, a former registered representative in BAI's Tyler, Texas branch office."
33-9075 22-Oct-2009 Administrative Proceeding
Order Under Rule 602(E) Of The Securities Act Of 1933 Granting A Waiver Of The Rule 602(C)(3) Disqualification Provision
On October 22, 2009, the SEC issued an Order Under Rule 602(E) Of the Securities Act Of 1993 Granting A Waiver Of The Rule 602(c)(3) Disqualification Provision.

Other Defendants in Action:

Virginia Holliday

Related Actions:

SEC v. Brent Lemons
Brent Lemons
In the Matter of Brent Lemons
Brent Lemons