Defendant Name:
Nomura Securities International, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Nomura Holdings, Inc.
SIC Code:
6726
CUSIP:
65535H20
Document Reference:
34-95925
Document Details
Legal Case Name
In the Matter of Nomura Securities International, Inc.
Document Name
Order Instituting Administrative And Cease-and-Desist Proceedings Pursuant To Sections 15(b) And 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions And A Cease-And-Desist Order
Document Date
27-Sep-2022
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On September 27, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against Nomura Securities International, Inc., stating: "From at least January 2018 to September 2021, NSI employees sent and received
off-channel communications that related to the business of the broker-dealer operated by NSI.
Respondent did not maintain or preserve the substantial majority of these written
communications. NSI's failure was firm-wide and involved employees at all levels of authority.
As a result, NSI violated Section 17(a) of the Exchange Act and Rule 17a-4(b)(4) thereunder."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Compliance Related Independent Consultant
Various undertakings
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$50,000,000.00
Shared:
