Defendant Name:
Fidelity National Capital Investors, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Fidelity National Corp.
SIC Code:
6020
CUSIP:
31639410
Document Reference:
34-49824
Document Details
Legal Case Name
In the Matter of Fidelity National Capital Investors, Inc.
Document Name
Order Instituting Administrative Proceedings, Making Findings, and Imposing Remedial Sanctions Pursuant to Section 15(b) of the Securities Exchange Act of 1934 as to Fidelity National Capital Investors, Inc.
Document Date
08-Jun-2004
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On June 8, 2004, the SEC instituted administrative proceedings against Fidelity National Capital Investors, Inc., stating: "Fidelity failed reasonably to supervise within the meaning of Section15(b)(4)(E) of the Exchange Act because it failed to establish an adequate system to implement procedures reasonably designed to detect and prevent violations of the securities laws by Drucker's registered representative."
Disgorgement & Penalty Information
Monetary Penalties:
Disgorgement
Individual:
$50,000.00
Shared:
Civil Penalty
Individual:
$75,000.00
Shared:
Pre-Judgment Interest
(Penalty was noted in document, but no amount was listed)
Total Penalty
Individual:
$125,000.00
Shared: