Enforcement Activity
August 21, 2008
State Securities Regulators Announce Settlements with Merrill Lynch, Goldman Sachs, Deutsche Bank in Auction Rate Securities Investigations
WASHINGTON, D.C. August 21, 2008 — The North American Securities Administrators Association (NASAA) today announced that settlements in principle have been reached between Merrill Lynch & Co. Inc., Goldman Sachs Group Inc., Deutsche Bank Securities Inc, Deutsche Bank AG and state securities regulators, which will give thousands of the firms’ clients access to billions of […]
August 15, 2008
Securities Regulators Announce Settlement With Wachovia Over Sale of Auction Rate Securities
WASHINGTON, D.C. August 15, 2008 — Karen Tyler, President of the North American Securities Administrators Association (NASAA), today announced that a settlement in principle has been reached between Wachovia Securities and state and federal securities regulators. The settlement will provide thousands of Wachovia clients with access to billions of dollars in funds that have been […]
August 14, 2008
State Securities Regulators Announce Settlements with JP Morgan, Morgan Stanley in Auction Rate Securities Investigations
WASHINGTON, D.C. August 14, 2008 — The North American Securities Administrators Association (NASAA), Illinois Securities Department and Florida Office of Financial Regulation, along with the New York Office of the Attorney General, today announced that settlements have been reached with JP Morgan and its affiliates (including Bear Stearns & Co. Inc.) and Morgan Stanley, which […]
August 11, 2008
Securities Regulators Announce Settlement with UBS in Auction Rate Securities Investigation
WASHINGTON, D.C. August 11, 2008 — Karen Tyler, President of the North American Securities Administrators Association (NASAA), announced today that a settlement in principle has been reached between UBS Securities LLC and UBS Financial Services, Inc. (UBS) and state and federal securities regulators. The settlement will provide thousands of UBS clients with access to billions […]
August 7, 2008
Securities Regulators Announce Settlement with Citigroup in Auction Rate Securities Investigation
WASHINGTON, D.C. August 7, 2008— North American Securities Administrators Association (NASAA) President Karen Tyler, Texas Securities Commissioner Denise Voigt Crawford, and New York Attorney General Andrew Cuomo, and the Securities and Exchange Commission announced today that a settlement has been reached with Citigroup, Inc., which will give thousands of Citigroup clients access to billions of […]
April 17, 2008
