Defendant Name:
Nomura Securities International, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Nomura Holdings, Inc.
SIC Code:
6221
CUSIP:
65535H20
Document Reference:
34-86372
Document Details
Legal Case Name
In the Matter of Nomura Securities International, Inc.
Document Name
Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions
Document Date
15-Jul-2019
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
The SEC stated: "These proceedings arise out of Nomura's failure reasonably to supervise three Nomura traders to prevent and detect their violations of the antifraud provisions of the federal securities laws in connection with Nomura's secondary market transactions in non-agency residential mortgage-backed securities ("RMBS") and manufactured housing asset-backed securities ("MHABS") (collectively referred to as "RMBS") from approximately January 2010 through November 2013 ("the Relevant Period")."
Disgorgement & Penalty Information
Resolutions
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$16,329,650.00
Shared:
Civil Penalty
Individual:
$1,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$3,792,300.00
Shared:
Payment to customers
Individual:
$20,704,337.00
Shared:
