Defendant Name:
Scott E. DeSano
Defendant Type:
Individual
Initial Case Details
Legal Case Name
In the Matter of Scott E. DeSano, Thomas H. Bruderman, Timothy J. Burnieika, Robert L. Burns, David K. Donovan, Edward S. Driscoll, Jeffrey D. Harris, Christopher J. Horan, Steven P. Pascucci and Kirk C. Smith
First Document Date
05-Mar-2008
Initial Filing Format
Administrative Action
File Number
3-12978
Allegation Type
Broker Dealer
Affiliations
- Former: Senior Vice President at FMR Co., Inc. (January 1, 2002—October 31, 2004)
- Former: Other at FMR Co., Inc. (1991—July 25, 2007)
Violations Alleged
•
Failure to supervise under within the meaning of Section 203(e)(6) Advisers Act
Related Violations Alleged
Scott E. DeSano is alleged to have aided and abetted FMR Co., Inc.'s violation of Section 206(1) Advisers Act (willfully/knowingly).
Scott E. DeSano is alleged to have aided and abetted Fidelity Management & Research Company's violation of Section 206(1) Advisers Act (willfully/knowingly).
Scott E. DeSano is alleged to have caused FMR Co., Inc.'s violation of Section 206(1) Advisers Act (willfully/knowingly).
Scott E. DeSano is alleged to have caused Fidelity Management & Research Company's violation of Section 206(1) Advisers Act (willfully/knowingly).
Resolutions
Bars:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization for 1 year
- Prohibited from serving in various capacities for an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter for 1 year
First Resolution Date
11-Dec-2008
Headline Total Penalty and Disgorgement
See Related Documents
Other Defendants in Action:
