Defendant Name:
PNC Capital Markets LLC
Defendant Type:
Subsidiary of Public Company
Document Reference:
34-96558-s
Document Details
Legal Case Name
In the Matter of PNC Capital Markets LLC
Document Name
SEC Charges PNC Capital Markets LLC for Violating Municipal Bond Disclosure Law
Document Date
21-Dec-2022
Document Format
Administrative Proceeding
Allegation Type
Municipal Securities & Public Pensions
Document Summary
The SEC "announced that PNC Capital Markets LLC has agreed to settle charges that it failed to comply with municipal bond offering disclosure requirements under Rule 15c2-12 of the Securities Exchange Act of 1934."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Disgorgement
Individual:
$81,362.00
Shared:
Civil Penalty
Individual:
$100,000.00
Shared:
Pre-Judgment Interest
Individual:
$16,961.00
Shared: