Defendant Name: Barclays Capital Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Barclays PLC
SIC Code: 6029
CUSIP: 06738E20

Document Reference: 33-10355

Document Details

Legal Case Name In the Matter of Barclays Capital, Inc.
Document Name Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 8a of the Securities Act Of 1933, Section 15(B) 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 10-May-2017
Document Format Administrative Proceeding
File Number 3-17978
Allegation Type Investment Advisers/Investment Companies
Document Summary According to the SEC: "From September 2010 through December 2015, Barclays Capital, then a dually-registered investment adviser and broker-dealer, improperly charged certain advisory clients of its wealth and investment management business, overcharging them almost $50 million in advisory fees." 

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Censured
Other Compliance Related Undertaking
Cooperation Before the Resolution
Fair Funds
Monetary Penalties:

Disgorgement

Individual:     $49,785,417.00 Shared:    

Civil Penalty

Individual:     $30,000,000.00 Shared:    

Pre-Judgment Interest

Individual:     $13,752,242.00 Shared:    

Total Penalty

Individual:     $93,537,659.00 Shared:    

Related Documents:

34-90453 18-Nov-2020 Administrative Proceeding
Order Authorizing the Transfer to the U.S. Treasury of the Remaining Funds and Any Funds Returned to the Fair Fund in the Future and Terminating the Fair Fund
The Commission stated: "it is ORDERED that: A. the remaining funds in the amount of $42,847,123.63, and any funds returned to the Fair Fund in the future, shall be transferred to the U.S. Treasury, subject to Section 21F(g)(3) of the Securities Exchange Act of 1934 [15 U.S. Code § 78u6(g)(3)]; and B. the Fair Fund is terminated."