Defendant Name: BB&T Securities, LLC

Defendant Type: Subsidiary of Public Company

Document Reference: IA-5002-s

Document Details

Legal Case Name In the Matter of BB&T Securities, LLC, as successor entity to BB&T Investment Services, Inc.
Document Name SEC Charges Investment Adviser for Failing to Fully Disclose Affiliate Compensation Arrangement
Document Date 07-Sep-2018
Document Format Administrative Proceeding
File Number 3-18730
Allegation Type Investment Advisers/Investment Companies
Document Summary "The Securities and Exchange Commission today announced charges against investment adviser BB&T Securities, LLC for failing to adequately disclose material conflicts of interest arising out of a compensation arrangement with an affiliated investment adviser."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $100,000.00 Shared:    

Related Documents:

IA-5002 07-Sep-2018 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing a Cease-and-Desist Order
On September 7, 2018, the SEC issued an order against BB&T Securities, LLC, stating: "This matter involves an investment adviser's failure to adequately disclose to clients facts giving rise to material conflicts of interest."