Defendant Name:
Ladenburg Thalmann Asset Management Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Ladenburg Thalmann Financial Services Inc.
SIC Code:
6211
CUSIP:
50575Q10
Document Reference:
IA-4501
Document Details
Legal Case Name
In the Matter of Ladenburg Thalmann Asset Management Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
25-Aug-2016
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On August 25, 2016, the SEC instituted a settled administrative proceeding against Ladenburg Thalmann Asset Management Inc. According to the SEC the matter arises from misstatements made by the company “to certain of its advisory clients, including clients with separately managed accounts invested in F-Squared Investments, Inc.’s (‘F-Squared’) strategy.”
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$200,000.00
Shared:
