Defendant Name:
TD Ameritrade, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
TD Ameritrade Holding Corp
SIC Code:
6210
CUSIP:
87236Y10
Document Reference:
33-9053
Document Details
Legal Case Name
In the Matter of TD Ameritrade, Inc.
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933 and Section 15(b) of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
20-Jul-2009
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On July 20, 2009, the SEC instituted settled administrative and cease and desist proceedings against TD Ameritrade, Inc ("Respondent"). According to the SEC: "Respondent offered and sold to some of its customers financial instruments known as auction rate securities ("ARS") while not accurately characterizing or while failing to disclose the true nature and risks of these investments."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured