Defendant Name:
TAL Education Group
Defendant Type:
Public Company
SIC Code:
8299
CUSIP:
87408010
Document Reference:
34-98611
Document Details
Legal Case Name
In the Matter of TAL Education Group
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
28-Sep-2023
Document Format
Administrative Proceeding
AAER
4465
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On September 28, 2023, the SEC instituted settled cease-and-desist proceedings against TAL Education Group, stating: "This matter concerns violations of the periodic reporting, books and records, and
internal accounting controls provisions of the federal securities laws by TAL, a foreign private
issuer headquartered in the People’s Republic of China (“PRC”), during the first three quarters of
its 2020 fiscal year."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$1,250,000.00
Shared:
