Defendant Name:
BlackRock Institutional Trust Company, N.A.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
BlackRock, Inc.
SIC Code:
6282
CUSIP:
09247X10
Document Reference:
34-73116
Document Details
Legal Case Name
In the Matter of BlackRock Institutional Trust Company, N.A.
Document Name
Order Instituting Cease-And-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-And-Desist Order and Civil Penalty
Document Date
16-Sep-2014
Document Format
Administrative Proceeding
Allegation Type
Market Manipulation
Document Summary
On September 16, 2014, the SEC instituted administrative proceedings against BlackRock. The SEC alleges that "from April 2010 through March 2011" the Company violated Rule 105 of Regulation M through various short sales.
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$1,122,400.00
Shared:
Civil Penalty
Individual:
$530,479.00
Shared:
Pre-Judgment Interest
Individual:
$22,471.13
Shared:
