Defendant Name:
Barclays Capital Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
2014-211
Document Details
Legal Case Name
In the Matter of Barclays Capital Inc.
Document Name
SEC Charges Barclays Capital with Systemic Compliance Failures After Acquiring Lehman's Advisory Business
Document Date
23-Sep-2014
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On September 23, 2014, the SEC announced that it "charged Barclays Capital Inc. with failing to maintain an adequate internal compliance system to ensure the firm did not run afoul of any federal securities laws after its wealth management business in the U.S. acquired the advisory business of Lehman Brothers in September 2008."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Compliance Related Independent Consultant
Various remedial undertakings