Defendant Name:
BOKF, NA
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
BOK Financial Corporation
SIC Code:
6020
CUSIP:
05561Q20
Document Reference:
33-10204
Document Details
Legal Case Name
In the Matter of BOKF, NA
Document Name
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
09-Sep-2016
Document Format
Administrative Proceeding
Allegation Type
Securities Offering
Document Summary
On September 9, 2016, the SEC issued a settled administrative proceedings against BOKF, NA. According to the SEC: "These proceedings arise out of the assistance provided by BOKF to Christopher Brogdon
("Brogdon") in connection with a series of fraudulent bond offerings through which Brogdon raised millions of dollars from investors to build, purchase, and renovate nursing homes, assisted living facilities, and retirement communities throughout the Southeastern and Midwestern United States."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Compliance Related Independent Consultant
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$984,200.73
Shared:
Civil Penalty
Individual:
$600,000.00
Shared:
Pre-Judgment Interest
Individual:
$83,520.63
Shared:
