Defendant Name: KeyBanc Capital Markets Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: KeyCorp
SIC Code: 6021
CUSIP: 49326710

Initial Case Details

Legal Case Name In the Matter of KeyBanc Capital Markets Inc.
First Document Date 07-Mar-2023
Initial Filing Format Administrative Action
File Number 3-21336
Allegation Type Municipal Securities & Public Pensions

Violations Alleged

Other
• Section 15B(c)(1) Exchange Act; Rule 15c2-12 Exchange Act; Rule G-27 MSRB

Resolutions

First Resolution Date 07-Mar-2023
Headline Total Penalty and Disgorgement $397,136

Related Documents:

34-97064 07-Mar-2023 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b), 15B(c) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On March 7, 2023, the SEC instituted settled administrative and cease-and-desist proceedings against KeyBanc Capital Markets Inc., stating: "These proceedings involve KBCM’s failure to comply with Exchange Act Rule 15c2-12 (the “Rule”) when participating as an underwriter in certain primary offerings of municipal securities."
34-97064-s 07-Mar-2023 Administrative Summary
SEC Charges KeyBanc Capital Markets Inc. for Violating Municipal Bond Disclosure Law
The SEC "announced that KeyBanc Capital Markets Inc. has agreed to settle charges that it failed to comply with municipal bond offering disclosure requirements under Rule 15c2-12 of the Securities Exchange Act of 1934."