Defendant Name:
The Bank of New York Mellon
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Bank of New York Mellon Corporation
SIC Code:
6022
CUSIP:
06405810
Document Reference:
33-10586
Document Details
Legal Case Name
In the Matter of The Bank of New York Mellon
Document Name
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
17-Dec-2018
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On December 17, 2018, the SEC issued an order against The Bank of New York Mellon stating: "These proceedings arise out of BNY Mellon's improper practices involving the pre-release of American Depositary Receipts ("ADRs")."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$29,369,032.43
Shared:
Civil Penalty
Individual:
$20,558,322.70
Shared:
Pre-Judgment Interest
Individual:
$4,260,199.69
Shared:
