Defendant Name:
Mizuho Securities USA LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Mizuho Financial Group, Inc
SIC Code:
6029
CUSIP:
60687Y10
Document Reference:
34-83685
Document Details
Legal Case Name
In the Matter of Mizuho Securities USA LLC
Document Name
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 a Cease-and-Desist Order and Sanctions
Document Date
23-Jul-2018
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
According to the SEC, "This matter concerns Mizuho's failure to maintain and enforce policies and procedures reasonably designed to prevent the misuse of material nonpublic customer order information concerning the repurchase of shares by issuers ("customer buyback order information"), in violation of Section 15(g) of the Exchange Act."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$1,250,000.00
Shared: