Defendant Name: Credit Suisse Securities (USA) LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Credit Suisse Group AG
SIC Code: 6211
CUSIP: 22540110

Initial Case Details

Legal Case Name In the Matter of Credit Suisse Securities (USA) LLC
First Document Date 28-Sep-2015
Initial Filing Format Administrative Action
File Number 3-16835
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 17(a) Exchange Act; Rules 17a-4(j), 17a-25 Exchange Act

Resolutions

First Resolution Date 28-Sep-2015
Headline Total Penalty and Disgorgement $4,250,000

Related Documents:

2015-214 28-Sep-2015 Press Release--Administrative Proceeding
Credit Suisse to Pay $4.25 Million and Admits to Providing Deficient "Blue Sheet" Trading Data
On September 28, 2015, the SEC announced that it, "charged Credit Suisse Securities (USA) LLC with submitting deficient information to the agency over a two-year period about trades done by its customers, commonly referred to as 'blue sheet data.'"
34-75992 28-Sep-2015 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Section 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 28, 2015, the SEC instituted settled administrative and cease-and-desist proceedings against Credit Suisse Securities (USA) LLC. According to the SEC: "This action results from Credit Suisse's violation of the recordkeeping and reporting requirements of Section 17(a) of the Exchange Act and Rules 17a-4(j) and 17a-25 thereunder. From January 2012 to January 2014 ... Credit Suisse failed to provide required accurate and complete blue sheet submissions to the Commission, resulting in at least 593 deficient blue sheet submissions to the Commission by the firm, thereby omitting more than 553,400 reportable trades representing 1.3 billion shares."