Securities Inc, Resolves Criminal Investigation, Corporate Enforcement — BofA Securities Inc. Resolves Criminal Investigation with Justice Department Pursuant to Part I of the Criminal Division’s Corporate Enforcement and Voluntary Self-Disclosure Policy | United States Justice Department.
Treasury securities prices.In May 2025, the Justice Department revised the CEP to increase transparency and encourage voluntary self-disclosure. Treasuries by entering spoof orders — that is, orders placed without the intent to execute them at the time they were placed. Raia of the FBI New York Field Office; and Inspector in Charge Eric Shen of the U.S. Galeotti of the Justice Department’s Criminal Division; Assistant Director in Charge Christopher G. Liolos of the Criminal Division’s Fraud Section are prosecuting the case.The claims resolved by the settlement are allegations only. Updated September 18,
2025 Components Criminal Division Criminal – Criminal Fraud Section Federal Bureau of Investigation (FBI) announcement Number: 25-971. The Justice Department announced today that it resolved its investigation against BoAS after considering the factors set forth in the updated CEP, including (1) BoAS’s timely and voluntary self-disclosure of the misconduct; (2) BoAS’s full and proactive cooperation in this matter, including providing all known relevant facts about the misconduct; (3) the nature and seriousness of the offense; (4) BoAS’s timely and appropriate remediation, including the termination of the junior trader, an internal review of
the trading of all traders on its U.S. Resolves Criminal Investigation with Justice Department Pursuant to Part I of the Criminal Division’s Corporate Enforcement and Voluntary Self-Disclosure Policy Thursday, September 18, 2025 Share Facebook X LinkedIn Email For Immediate Release Office of Public Affairs BofA Securities, Inc. Treasuries desk, an internal review of its compliance program and internal controls, a thorough and systematic root-cause analysis, significant investment in and improvements to its surveillance programs and parameters, enhancements to its broader compliance program, and the implementation of external testing of its internal controls; (5) the absence of