Defendant Name: Banc One Investment Advisors Corporation

Defendant Type: Subsidiary of Public Company

Document Reference: 34-61252

Document Details

Legal Case Name In the Matter of Banc One Investment Advisors Corporation and Mark A. Beeson
Document Name Order Discharging Plan Administrator and Terminating Fair Fund
Document Date 29-Dec-2009
Document Format Administrative Proceeding
File Number 3-11530
Allegation Type Investment Advisers/Investment Companies
Document Summary On December 29, 2009, the SEC ordered the termination of the Fair Fund and the discharge of the Plan Administrator. The SEC stated that: "Pursuant to the Plan Administrator's Final Accounting, $36,399.23 in residual funds is to be transmitted to the U.S. Treasury."

Disgorgement & Penalty Information

Resolutions
Fair Funds
Plan of Distribution
Monetary Penalties:

Disgorgement

Individual:     $10,000,000.00 Shared:    

Civil Penalty

Individual:     $40,000,000.00 Shared:    

Related Documents:

IA-2254 29-Jun-2004 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940 and Sections 9(b) and 9(f) of the Investment Company Act of 1940
On June 29, 2004, the SEC instituted settled administrative and cease-and-desist proceedings against Banc One Investment Advisors Corporation and Mark A. Beeson. According to the SEC: "BOIA, an investment adviser, and Beeson, President and Chief Executive Officer of One GroupMutual Funds ('One Group') and a senior managing director of BOIA, violated and/or aided and abetted and caused violations of the antifraud provisions of the Advisers Act and the Investment Company Act", by entering into market timing arrangements that allowed excessive short-term trading.
IA-4854 07-Feb-2018 Administrative Proceeding
Order Modifying Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-And-Desist Order Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940, and Sections 9(b) and 9(f) of the Investment Company Act of 1940
According to the SEC: "JPMIM has submitted an Offer of Settlement (the "Offer"), which the Commission has determined to accept, proposing to modify the Commission's 2004 Order to relieve JPMIM of the obligations to continue to: (1) hold a shareholder meeting every five years as required by paragraph III.32.c of the 2004 Order; (2) maintain an Independent Compliance Officer in accordance with paragraph III.32.d of the 2004 Order; (3) maintain an Internal Controls Committee in accordance with paragraph III.33.a of the 2004 Order; and (4) undergo biennial third-party compliance reviews in accordance with paragraph III.36 of the 2004 Order."

Other Defendants in Action:

Mark A. Beeson