Defendant Name:
Transamerica Asset Management, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
IA-5599-s
Document Details
Legal Case Name
In the Matter of Transamerica Asset Management, Inc.
Document Name
Denver Investment Adviser Settles Charges for Disclosure Failures
Document Date
30-Sep-2020
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
The SEC "announced settled charges against Transamerica Asset Management, Inc., a registered investment adviser based in Denver, Colorado, for making misrepresentations regarding expenses charged by four money market funds that TAM managed."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$5,258,357.30
Shared:
Pre-Judgment Interest
Individual:
$688,425.23
Shared: