Defendant Name:
TD Ameritrade, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Toronto Dominion Bank Ontario
SIC Code:
6211
CUSIP:
87236Y10
Document Reference:
34-84269
Document Details
Legal Case Name
In the Matter of TD Ameritrade, Inc.
Document Name
Order Instituting Administrative Cease-and-Desist Proceedings Pursuant to Section 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
24-Sep-2018
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
The Commission stated that: "This proceeding concerns Respondent's failure to file certain Suspicious Activity Reports ("SARs") as required by Section 17(a) of the Exchange Act and Rule 17a-8 thereunder. These provisions require broker-dealers, such as Respondent, to comply with the Bank Secrecy Act ("BSA") requirement to file SARs. The BSA and implementing regulations require broker-dealers to file SARs with a federal governmental agency--the Financial Crimes Enforcement Network ("FinCEN")--to report certain suspicious transactions that are conducted or attempted by, at, or through the broker-dealer. See 31 C.F.R. §1023.320(a) (the "SAR Rule")."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$500,000.00
Shared:
