Defendant Name: Regions Bank

Defendant Type: Subsidiary of Public Company
Public Company Parent: Regions Financial Corporation
SIC Code: 6021
CUSIP: 7591EP10

Initial Case Details

Legal Case Name In the Matter of Regions Bank
First Document Date 21-Sep-2009
Initial Filing Format Administrative Action
File Number 3-13618
Allegation Type Broker Dealer

Violations Alleged

Related Violations Alleged

Regions Bank is alleged to have caused U.S. Pension Trust Corp.'s violation of Sec 17(a)(2) of the Securities Act.
Regions Bank is alleged to have caused U.S. College Trust Corp.'s violation of Sec 17(a)(2) of the Securities Act.
Regions Bank is alleged to have caused U.S. Pension Trust Corp.'s violation of Sec 17(a)(3) of the Securities Act.
Regions Bank is alleged to have caused U.S. College Trust Corp.'s violation of Sec 17(a)(3) of the Securities Act.
Regions Bank is alleged to have caused U.S. Pension Trust Corp.'s violation of Section 15(a)(1) Exchange Act.
Regions Bank is alleged to have caused U.S. College Trust Corp.'s violation of Section 15(a)(1) Exchange Act.

Resolutions

First Resolution Date 21-Sep-2009

Related Documents:

33-9065 21-Sep-2009 Administrative Proceeding
Order Instituting Cease-And-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-And-Desist Order
The Commission stated: "These proceedings involve the role of a United States-based bank as trustee of an investment plan through which unregistered broker-dealers, U.S. Pension Trust Corp. and U.S. College Trust Corp. (collectively, “USPT”) defrauded approximately 14,000 investors by charging exorbitant, undisclosed commissions and fees in connection with the sale of mutual funds."

Related Actions:

SEC v. Regions Bank
Regions Bank
SEC v. U.S. Pension Trust Corp., U.S. College Trust Corp., Iliana Madeiras, Leonardo Madeiras Jr., Nildo Verdeja
U.S. Pension Trust Corp.
U.S. College Trust Corp.
Nildo Verdeja
Leonardo Maceiras Jr.
Iliana Maceiras
In the Matter of U.S. Pension Trust Corp.
U.S. Pension Trust Corp.
In the Matter of U.S. College Trust Corp.
U.S. College Trust Corp.
In the Matter of Leonard Madeiras Jr.
Leonardo Maceiras Jr.
In the Matter of Iliana Maceiras
Iliana Maceiras
In the Matter of Nildo Verdeja
Nildo Verdeja