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Violation Tracker Individual Record

Company: Scudder Distributors, Inc.
Penalty: $425,000
Year: 2007
Date: February 12, 2007
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: NASD has fined three distributor a total of $700,000 for violations of NASD's non-cash compensation rules, including improperly providing entertainment and paying for guest expenses at training and education meetings.
Level of Government: federal
Action Type: agency action
Agency: Financial Industry Regulatory Authority
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Notes: FINRA is a securities industry self-regulatory body authorized by the federal government. This case was handled by its predecessor, the National Association of Securities Dealers (NASD).
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.