Defendant Name: TD Private Client Wealth LLC

Defendant Type: Subsidiary of Public Company

Document Reference: 2024-135_3-22139

Document Details

Legal Case Name In the Matter of TD Private Client Wealth LLC
Document Name SEC Charges 11 Institutional Investment Managers with Failing to Report Certain Securities Holdings; Two of the firms also charged with failing to report large trader transactions
Document Date 17-Sep-2024
Document Format Administrative Proceeding
File Number 3-22139
Allegation Type Other
Document Summary On September 17, 2024, the SEC "today announced charges against 11 institutional investment managers for failing to fi le reports, known as Forms 13F, that they were required to fi le because they have discretion over more than $100 million in certain securities. Two of the entities, Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. (Nationale-Nederlanden) and NEPC, LLC, were also charged with failing to fi le Forms 13H as required for large traders who trade a significant amount of exchange-listed securities."

Disgorgement & Penalty Information

Resolutions
None Specified
Monetary Penalties:

Civil Penalty

Individual:     $475,000.00 Shared:    

Related Documents:

34-101062 17-Sep-2024 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 21C of the Securities Exchange Act of 1934 and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 17, 2024, the SEC instituted settled administrative and cease-and-desist proceedings against TD Private Client Wealth LLC, stating: "From at least December 2019 through the present, Respondent, a registered investment adviser, has had investment discretion over at least $100 million of reportable securities and was therefore obligated to file quarterly Forms 13F beginning by at least February 2020. However, Respondent failed to file Forms 13F until August 2024."