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Violation Tracker Individual Record

Company: Fixed Income Clearing Corporation
Penalty: $8,000,000
Year: 2021
Date: October 29, 2021
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: Fixed Income Clearing Corporation, a clearing agency, agreed to pay an $8 million penalty to settle SEC charges that it failed to have adequate risk management policies within its Government Securities Division.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.