Defendant Name:
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Bank of America Corporation
SIC Code:
6211
CUSIP:
06050510
Document Reference:
34-78929
Document Details
Legal Case Name
In the matter of Merrill Lynch, Pierce, Fenner, & Smith Incorporated
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 15(b) and 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
Document Date
26-Sep-2016
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On September 26, 2016, the SEC issued a settled administrative proceeding against Merrill Lynch, Pierce, Fenner & Smith Incorporated for violations of Section 15(c)(3) of the Exchange Act and Exchange Act Rule 15c3-5.
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$12,500,000.00
Shared: