Company agrees to pay $12 million in penalties and adopt independent consultant’s recommended improvements December 20, 2024/US SEC The Securities and Exchange Commission today announced that Entergy Corporation, a Louisiana-based utility company, agreed to pay a $12 million civil penalty to settle charges that it failed to maintain internal accounting […]
Frauds & Scandals
Wells Fargo and LPL Financial Charged for Submitting Deficient Trading Data to SEC
Wells Fargo’s penalty amount reflects that it self-reported its misconduct December 20, 2024/US SEC The Securities and Exchange Commission today announced settled charges against Wells Fargo Clearing Services LLC and LPL Financial LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the […]
Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity Reports
December 20, 2024/US SEC The Securities and Exchange Commission today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed to pay a $4 million civil penalty to settle […]
