Defendant Name: Aviva Investors Americas, LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Aviva PLC
SIC Code: 6311
CUSIP: 05382A10

Initial Case Details

Legal Case Name In the Matter of Aviva Investors Americas, LLC, as the successor entity to Aviva Investors North America, Inc.
First Document Date 23-Sep-2016
Initial Filing Format Administrative Action
File Number 3-17567
Allegation Type Investment Advisers/Investment Companies

Violations Alleged

Other
• Sections 206(3), 206(4) Advisers Act; Rule 206(4)-7 Advisers Act

Related Violations Alleged

Aviva Investors Americas, LLC is alleged to have caused an unidentified individual or entity's violation of Section 17(a)(1), 17(a)(2) Investment Company Act.

Resolutions

First Resolution Date 23-Sep-2016
Headline Total Penalty and Disgorgement $250,000

Related Documents:

IA-4534 23-Sep-2016 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 203(k) of the Investment Advisers Act of 1940 and Section 9(f) of the Investment Company Act of 1940, Making Findings, and Imposing a Cease-and-Desist Order
On September 23, 2016, the SEC instituted a settled administrative proceeding. According to the SEC: "Beginning in March 2010 and through December 2011, AINA, a registered investment adviser to various clients arranged cross trade transactions in which three of AINA's traders (the "Traders") sold fixed-income securities from certain AINA advisory client accounts to counterparty broker-dealers, and then the next day repurchased the same securities from the same broker-dealers for the accounts of certain other AINA advisory client. As a result of these trades, AINA caused certain of its advisory clients to conduct trades with affiliates unwittingly in violation of Sections 17(a)(1) and (a)(2) of the Investment Company Act."