Defendant Name:
UBS Securities LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
UBS AG
SIC Code:
6021
CUSIP:
H8923133
Document Reference:
33-9438
Document Details
Legal Case Name
In the Matter of UBS Securities LLC
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to 8A of the Securities Act of 1933, Section 15(b)(4) 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
Document Date
06-Aug-2013
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On August 6, 2013, the SEC instituted settled administrative proceedings against USB Securities, LLC. According to the Commission, "UBS violated certain provisions of the federal securities laws in connection with the structuring and marketing of a largely synthetic collateralized debt obligation...."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Disgorgement
Individual:
$34,408,185.00
Shared:
Civil Penalty
Individual:
$5,655,000.00
Shared:
Pre-Judgment Interest
Individual:
$9,719,002.24
Shared: