Defendant Name: TPG Capital Advisors, LLC

Defendant Type: Subsidiary of Public Company

Document Reference: 2025-6_3-22400

Document Details

Legal Case Name In the Matter of TPG Capital Advisors, LLC
Document Name Twelve Firms to Pay More Than $63 Million Combined to Settle SEC's Charges for Recordkeeping Failures; One Firm Received Credit for Self-Reporting and Will Pay a Reduced Civil Penalty
Document Date 13-Jan-2025
Document Format Administrative Proceeding
File Number 3-22400
Allegation Type Investment Advisers/Investment Companies
Document Summary On January 13, 2025, the SEC "announced charges against nine investment advisers and three broker-dealers for failures by the firms and their personnel to maintain and preserve electronic communications, in violation of recordkeeping provisions of the federal securities laws."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Censured
Monetary Penalties:

Civil Penalty

Individual:     $8,500,000.00 Shared:    

Related Documents:

IA-6813 13-Jan-2025 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On January 13, 2025, the SEC instituted settled administrative and cease-and-desist proceedings against TPG Capital Advisors, LLC, stating: "These proceedings arise out of the failure of Respondent's personnel, including at senior levels, to adhere to certain of these essential requirements and the Respondent's policies and procedures. Using their personal devices, these personnel communicated both internally and externally by text messages and/or other unapproved written communications platforms ("off-channel communications")."