Defendant Name:
Stifel, Nicolaus & Company, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
2019-177_3-19458
Document Details
Legal Case Name
In the Matter of Stifel, Nicolaus & Company, Incorporated
Document Name
Two Broker-Dealers to Pay $4.65 Million in Penalties for Providing Deficient Blue Sheet Data
Document Date
16-Sep-2019
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
The Commission stated: "The Securities and Exchange Commission today announced that Stifel, Nicolaus & Co., Inc. has agreed to pay $2.7 million . . . to settle charges for providing incomplete and inaccurate securities trading information to the SEC. Broker- dealers are required to provide the information known as "blue sheet data," which the SEC uses to carry out its enforcement and regulatory obligations, including investigations of insider trading and other fraudulent activity."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$2,700,000.00
Shared: