Defendant Name: UBS Financial Services Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: UBS Group AG
SIC Code: 6021
CUSIP: H4209710

Initial Case Details

Legal Case Name In the Matter of UBS Financial Services Inc.
First Document Date 27-Jul-2022
Initial Filing Format Administrative Action
File Number 3-20937
Allegation Type Broker Dealer

Violations Alleged

Other
• Rule 201 Regulation S-ID

Resolutions

First Resolution Date 27-Jul-2022
Headline Total Penalty and Disgorgement $925,000

Related Documents:

34-95368 27-Jul-2022 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934 and Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On July 27, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against UBS Financial Services Inc., stating: "These proceedings arise out of UBS’s failure to adequately develop and implement a written Identity Theft Prevention Program as required by Rule 201 of Regulation S-ID."
2022-131_3-20937 27-Jul-2022 Press Release--Administrative Proceeding
SEC Charges JP Morgan, UBS, and TradeStation for Deficiencies Relating to the Prevention of Customer Identity Theft
Additional Investigating Office: Crypto Assets and Cyber Unit