Defendant Name: ALPS Fund Services, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: DST Systems, Inc.
SIC Code: 7374
CUSIP: 23332610

Initial Case Details

Legal Case Name In the Matter of Deloitte & Touche LLP, ALPS Fund Services, Inc. and Andrew C. Boynton
First Document Date 01-Jul-2015
Initial Filing Format Administrative Action
File Number 3-16672
Allegation Type Issuer Reporting and Disclosure
AAER 3668

Violations Alleged

Related Violations Alleged

ALPS Fund Services, Inc. is alleged to have caused an unidentified individual or entity's violation of Rule 38a-1 Company Act.
ALPS Fund Services, Inc. is alleged to have caused an unidentified individual or entity's violation of Rule 38a-1 Investment Company Act.

Resolutions

First Resolution Date 01-Jul-2015
Headline Total Penalty and Disgorgement $1,219,245

Related Documents:

2015-137 01-Jul-2015 Press Release--Administrative Proceeding
SEC Charges Deloitte & Touche With Violating Auditor Independence Rules
On July 1, 2015, the SEC announced that it "charged Deloitte & Touche LLP with violating auditor independence rules when its consulting affiliate maintained a business relationship with a trustee serving on the boards and audit committees of three funds it audited. Deloitte agreed to pay more than $1 million to settle the charges. The SEC charged the trustee Andrew C. Boynton with causing related reporting violations by the funds, and charged the funds' administrator ALPS Fund Services with causing related compliance violations."
34-75343 01-Jul-2015 Administrative Proceeding
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934, Section 9(f) of the Investment Company Act of 1940, and Rule 102(e) of the Commission's Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On July 1, 2015, the SEC instituted settled administrative and cease and desist proceedings against Deloitte & Touche LLP ('D&T'), ALPS Fund Services, Inc., and Andrew C. Boynton. According to the SEC: "This matter arises from an independence-impairing business relationship between D&T's affiliate, Deloitte Consulting, LLP ('DC'), and Andrew C. Boynton, while Boynton was serving on the boards of trustees and the audit committees of three D&T SEC-registrant audit clients."

Other Defendants in Action:

Deloitte & Touche LLP
Andrew C. Boynton