Defendant Name: RBC Capital Markets, LLC

Defendant Type: Subsidiary of Public Company

Document Reference: 2016-174

Document Details

Legal Case Name In the Matter of RBC Capital Markets, LLC
Document Name RBC to Pay $2.5 Million for Proxy Statement Disclosure Violations
Document Date 31-Aug-2016
Document Format Administrative Proceeding
File Number 3-17520
Allegation Type Issuer Reporting and Disclosure
Document Summary On August 31, 2016, the SEC announced that "RBC Capital Markets LLC has agreed to a $2.5 million settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation's sale in 2011 to a private equity firm."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order

Related Documents:

34-78735 31-Aug-2016 Administrative Proceeding
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
On August 31, 2016, the SEC instituted a settled cease-and-desist proceedings against RBC Capital Markets, LLC. According to the SEC this matter: "involves RBC's causing of Rural/Metro Corporation's violations of the proxy statement provisions of the federal securities laws in connection with the sale of Rural/Metro Corporation ('Rural') in 2011 to a private equity firm."