Defendant Name:
Nomura Securities International, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
2019-131_3-19248
Document Details
Legal Case Name
In the Matter of Nomura Securities International, Inc.
Document Name
Nomura to Pay Misled Bond Customers $25 Million to Settle SEC Charges
Document Date
15-Jul-2019
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
The Commission stated: "The Securities and Exchange Commission today instituted two related enforcement actions against Nomura Securities International Inc., which has agreed to repay approximately $25 million to customers for its failure to adequately supervise traders in mortgage-backed securities."
Disgorgement & Penalty Information
Resolutions
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$1,000,000.00
Shared:
"to reimburse customers the full amount of firm profits on any RMBS . . . trades in which a misrepresentation was identified"
Individual:
$20,700,000.00
Shared:
