Defendant Name:
Banc One Investment Advisors Corporation
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Bank One Corp.
SIC Code:
6021
CUSIP:
06423A10
Initial Case Details
Legal Case Name
In the Matter of Banc One Investment Advisors Corporation and Mark A. Beeson
First Document Date
29-Jun-2004
Initial Filing Format
Administrative Action
File Number
3-11530
Allegation Type
Investment Advisers/Investment Companies
Violations Alleged
•
Sections 204A, 206(1), 206(2) Investment; Section 17(d), 34(b) Investment Company Act; Rule 17d-1 Investment Company Act
Additionally,
Mark A. Beeson is alleged to have aided and abetted Banc One Investment Advisors Corporation's violation of Section 204A, 206(1), 206(2) Advisers Act; Section 17(d), 34(b), Rule 17d-1 Investment Company Act (willfully/knowingly).
Mark A. Beeson is alleged to have caused Banc One Investment Advisors Corporation's violation of Section 204A, 206(1), 206(2) Advisers Act; Section 17(d), 34(b), Rule 17d-1 Investment Company Act (willfully/knowingly).
Resolutions
First Resolution Date
29-Jun-2004
Headline Total Penalty and Disgorgement
$50,100,000
Related Documents:
IA-2254
29-Jun-2004
Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940 and Sections 9(b) and 9(f) of the Investment Company Act of 1940
On June 29, 2004, the SEC instituted settled administrative and cease-and-desist proceedings against Banc One Investment Advisors Corporation and Mark A. Beeson. According to the SEC: "BOIA, an investment adviser, and Beeson, President and Chief Executive Officer of One GroupMutual Funds ('One Group') and a senior managing director of BOIA, violated and/or aided and abetted and caused violations of the antifraud provisions of the Advisers Act and the Investment Company Act", by entering into market timing arrangements that allowed excessive short-term trading.
34-61252
29-Dec-2009
Administrative Proceeding
Order Discharging Plan Administrator and Terminating Fair Fund
On December 29, 2009, the SEC ordered the termination of the Fair Fund and the discharge of the Plan Administrator. The SEC stated that: "Pursuant to the Plan Administrator's Final Accounting, $36,399.23 in residual funds is to be transmitted to the U.S. Treasury."
IA-4854
07-Feb-2018
Administrative Proceeding
Order Modifying Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-And-Desist Order Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940, and Sections 9(b) and 9(f) of the Investment Company Act of 1940
According to the SEC: "JPMIM has submitted an Offer of Settlement (the "Offer"), which the Commission has determined to accept, proposing to modify the Commission's 2004 Order to relieve JPMIM of the obligations to continue to: (1) hold a shareholder meeting every five years as required by paragraph III.32.c of the 2004 Order; (2) maintain an Independent Compliance Officer in accordance with paragraph III.32.d of the 2004 Order; (3) maintain an Internal Controls Committee in accordance with paragraph III.33.a of the 2004 Order; and (4) undergo biennial third-party compliance reviews in accordance with paragraph III.36 of the 2004 Order."
Other Defendants in Action:
