Defendant Name:
State Street Bank and Trust Company
Defendant Type:
Subsidiary of Public Company
Document Reference:
2016-8-State Street
Document Details
Legal Case Name
In the Matter of State Street Bank and Trust Company
Document Name
SEC Charges State Street for Pay-to-Play Scheme
Document Date
14-Jan-2016
Document Format
Administrative Proceeding
Allegation Type
Municipal Securities & Public Pensions
Document Summary
On January 14, 2016, the SEC announced that: "State Street Bank and Trust Company agreed to pay $12 million to settle charges that it conducted a pay-to-play scheme through its then-senior vice president and a hired lobbyist to win contracts to service Ohio pension funds."