Defendant Name:
Oppenheimer & Co. Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
2024-18_3-21852
Document Details
Legal Case Name
In the Matter of Oppenheimer & Co. Inc.
Document Name
Sixteen Firms to Pay More Than $81 Million Combined to Settle Charges for Widespread Recordkeeping Failures
Document Date
09-Feb-2024
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On February 9, 2024, the SEC "announced charges against
five broker-dealers, seven dually registered broker-dealers and investment advisers, and four affiliated investment
advisers for widespread and longstanding failures by the firms and their employees to maintain and preserve
electronic communications."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Compliance Related Independent Consultant
Other Compliance Related Undertaking
Monetary Penalties:
Civil Penalty
Individual:
$12,000,000.00
Shared: