Skip to main content


August 7, 2013

UBS to pay $50m to settle SEC charges

“UBS agreed to pay nearly $50m to settle allegations it misled investors in a mortgage-related security by failing to disclose certain fees it was paid to structure the deal.

The settlement ends one of the few remaining financial crisis investigations by the Securities and Exchange Commission. It also concludes all outstanding SEC investigations into UBS’s marketing and structuring of complex mortgage products, known as collateralised debt obligations, the bank said.

“’UBS is pleased to put this investigation behind us, which involved a legacy business that was closed almost five years ago,’ a spokeswoman said. ‘In February 2013 the SEC terminated its investigation of UBS’s valuation of its CDO holdings, as reflected in our disclosures, without taking any action against UBS.’

UBS is paying $23.6m in undisclosed fees, interest and penalties to settle, without admitting or denying wrongdoing.”


Read full Financial Times article here

In the News


For media inquiries, please contact us at or 202-618-6433.

Contact Us

For media inquiries, please contact or 202-618-6433.

To sign up for our email newsletter, please visit this page.

This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact or 202-618-6433.


Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today