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 29-Feb-2016
Initial Filing Format Administrative Action
File Number 3-17140
Allegation Type Broker Dealer
AAER 3750

Violations Alleged

Other
• Sections 17(a), 17(e) Exchange Act; Rules 17a-3(a)(2), 17(a)-5(a), (d) Exchange Act

Resolutions

First Resolution Date 29-Feb-2016
Headline Total Penalty and Disgorgement $175,000

Related Documents:

34-77254 29-Feb-2016 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On February 29, 2016, the SEC instituted settled administrative and cease-and-desist proceedings against KeyBanc Capital Markets Inc. According to the SEC: "Beginning at some point prior to January 2011, and through January 2012, Respondent's then Chief Financial Officer ('CFO') (until November 2011), Jason Maiher, caused unsubstantiated or 'plug' entries to be made to one or more accounts in Respondent's general ledger. The amount of the unsubstantiated entries varied over time. The plug entries resulted in Respondent reporting unsubstantiated assets in the financial statements included in its fiscal year 2010 Annual Audited Report filed with the Commission in February 2011 and in its monthly FOCUS Reports filed with FINRA, which then furnished the FOCUS Reports to the Commission, including those filed in 2011and January 2012."

Related Actions:

In the Matter of Jason Maiher
Jason Maiher