Defendant Name:
Asset Management Group of Bank of Hawaii
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Bank of Hawaii Corporation
SIC Code:
6022
CUSIP:
06254010
Document Reference:
IA-6127
Document Details
Legal Case Name
In the Matter of Asset Management Group of Bank of Hawaii
Document Name
Order Instituting Administrative Cease-and-Desist Proceedings Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
15-Sep-2022
Document Format
Administrative Proceeding
Allegation Type
Municipal Securities & Public Pensions
Document Summary
On September 15, 2022, the SEC instituted administrative and cease-and-desist proceedings against Asset Management Group of Bank of Hawaii, stating: "These proceedings involve violations of the Commission’s “pay-to-play” rule for
investment advisers by Respondent Asset Management Group, an investment adviser."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Civil Penalty
Individual:
$45,000.00
Shared:
