Defendant Name: Banc One Investment Advisors Corporation

Defendant Type: Subsidiary of Public Company
Public Company Parent: Banc One Corp.

Document Reference: IA-4854

Document Details

Legal Case Name In the Matter of Banc One Investment Advisors Corporation and Mark A. Beeson
Document Name 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
Document Date 07-Feb-2018
Document Format Administrative Proceeding
File Number 3-11530
Allegation Type Investment Advisers/Investment Companies
Document Summary 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."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Compliance Related Independent Consultant
Other Compliance Related Undertaking
Order Modifying Prior Orders and Relieving Obligations

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.
34-61252 29-Dec-2009 Administrative Proceeding
Order Discharging Plan Administrator and Terminating Fair Fund
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."

Other Defendants in Action:

Mark A. Beeson