allianz global investors distributors llc · firm profile firm names and locations its fiscal year...
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BrokerCheck Report
ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
Section Title
Report Summary
Firm History
CRD# 25567
1
8
Firm Profile 2 - 7
Page(s)
Firm Operations 9 - 29
Disclosure Events 30
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ALLIANZ GLOBAL INVESTORSDISTRIBUTORS LLC
CRD# 25567
SEC# 8-41811
Main Office Location
1633 BROADWAYNEW YORK, NY 10019Regulated by FINRA New York Office
Mailing Address
1633 BROADWAYNEW YORK, NY 10019
Business Telephone Number
212-739-4000
Report Summary for this Firm
This report summary provides an overview of the brokerage firm. Additional information for this firm can be foundin the detailed report.
Disclosure Events
Brokerage firms are required to disclose certaincriminal matters, regulatory actions, civil judicialproceedings and financial matters in which the firm orone of its control affiliates has been involved.
Are there events disclosed about this firm? Yes
The following types of disclosures have beenreported:
Type Count
Regulatory Event 2
Civil Event 2
Firm Profile
This firm is classified as a limited liability company.
This firm was formed in Delaware on 11/20/1997.
Its fiscal year ends in December.
Firm History
Information relating to the brokerage firm's historysuch as other business names and successions(e.g., mergers, acquisitions) can be found in thedetailed report.
Firm Operations
Is this brokerage firm currently suspended with anyregulator? No
This firm conducts 4 types of businesses.
This firm is affiliated with financial or investmentinstitutions.
This firm does not have referral or financialarrangements with other brokers or dealers.
This firm is registered with:
• the SEC• 1 Self-Regulatory Organization• 53 U.S. states and territories
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This firm is classified as a limited liability company.
This firm was formed in Delaware on 11/20/1997.
CRD#
This section provides the brokerage firm's full legal name, "Doing Business As" name, business and mailingaddresses, telephone number, and any alternate name by which the firm conducts business and where such name isused.
Firm Profile
Firm Names and Locations
Its fiscal year ends in December.
ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
SEC#
25567
8-41811
Main Office Location
Mailing Address
Business Telephone Number
Doing business as ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
212-739-4000
Regulated by FINRA New York Office
1633 BROADWAYNEW YORK, NY 10019
1633 BROADWAYNEW YORK, NY 10019
Other Names of this Firm
Name Where is it used
ALLIANZ GLOBAL INVESTORS AK, AL, AR, AZ, CA,CO, CT, DC, DE, FL,GA, HI, IA, ID, IL, IN,KS, KY, LA, MA, MD,ME, MI, MN, MO,MS, MT, NC, ND, NE,NH, NJ, NM, NV, NY,OH, OK, OR, PA, PR,RI, SC, SD, TN, TX,UT, VA, VI, VT, WA,WI, WV, WY
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This section provides information relating to all direct owners and executive officers of the brokerage firm.
Direct Owners and Executive Officers
Firm Profile
Position
Percentage of Ownership
Is this a public reportingcompany?
Position Start Date
Does this owner direct themanagement or policies ofthe firm?
ALLIANZ GLOBAL INVESTORS U.S. HOLDINGS LLC
SOLE MEMBER
75% or more
No
Domestic Entity
01/2002
Yes
Is this a domestic or foreignentity or an individual?
Legal Name & CRD# (if any):
Position
Percentage of Ownership
Is this a public reportingcompany?
Position Start Date
Does this owner direct themanagement or policies ofthe firm?
LEE, RICHARD FENTON
PRINCIPAL OPERATIONS OFFICER
Less than 5%
No
Individual
02/2019
No
1567973
Is this a domestic or foreignentity or an individual?
Legal Name & CRD# (if any):
Position
Percentage of Ownership
Position Start Date
OCHOCO, JONATHAN GUERRERO
CHIEF COMPLIANCE OFFICER
Less than 5%
Individual
11/2018
6850835
Is this a domestic or foreignentity or an individual?
Legal Name & CRD# (if any):
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Direct Owners and Executive Officers (continued)
Firm Profile
Percentage of Ownership
Is this a public reportingcompany?
Does this owner direct themanagement or policies ofthe firm?
Less than 5%
No
Yes
Position
Percentage of Ownership
Is this a public reportingcompany?
Position Start Date
Does this owner direct themanagement or policies ofthe firm?
RUCKMAN, CRAIG ALLEN
CHIEF LEGAL OFFICER
Less than 5%
No
Individual
05/2019
Yes
7128834
Is this a domestic or foreignentity or an individual?
Legal Name & CRD# (if any):
Position
Percentage of Ownership
Is this a public reportingcompany?
Position Start Date
Does this owner direct themanagement or policies ofthe firm?
SHIVDASANI, PRASHIR V
CHIEF FINANCIAL OFFICER, FINANCIAL OPERATIONS PRINCIPAL,PRINCIPAL FINANCIAL OFFICER
Less than 5%
No
Individual
04/2017
Yes
5704413
Is this a domestic or foreignentity or an individual?
Legal Name & CRD# (if any):
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Direct Owners and Executive Officers (continued)
Firm Profile
Position
Percentage of Ownership
Is this a public reportingcompany?
Position Start Date
Does this owner direct themanagement or policies ofthe firm?
THOMPSON, KATHLEEN C
CHIEF EXECUTIVE OFFICER
Less than 5%
No
Individual
01/2017
Yes
3014852
Is this a domestic or foreignentity or an individual?
Legal Name & CRD# (if any):
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This section provides information relating to any indirect owners of the brokerage firm.
Indirect Owners
Firm Profile
ALLIANZ EUROPE B.V.
SOLE STOCKHOLDER
ALLIANZ OF AMERICA, INC.
75% or more
No
Foreign Entity
06/2012
No
Legal Name & CRD# (if any):
Is this a domestic or foreignentity or an individual?
Company through whichindirect ownership isestablished
Relationship to Direct Owner
Relationship Established
Percentage of Ownership
Does this owner direct themanagement or policies ofthe firm?
Is this a public reportingcompany?
ALLIANZ OF AMERICA, INC.
SOLE STOCKHOLDER
PFP HOLDINGS, INC
75% or more
No
Domestic Entity
12/2011
Yes
Legal Name & CRD# (if any):
Is this a domestic or foreignentity or an individual?
Company through whichindirect ownership isestablished
Relationship to Direct Owner
Relationship Established
Percentage of Ownership
Does this owner direct themanagement or policies ofthe firm?
Is this a public reportingcompany?
ALLIANZ SE
ALLIANZ EUROPE B.V.
Foreign Entity
Legal Name & CRD# (if any):
Is this a domestic or foreignentity or an individual?
Company through whichindirect ownership isestablished
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Indirect Owners (continued)
Firm Profile
SOLE STOCKHOLDER
ALLIANZ EUROPE B.V.
75% or more
No
06/2012
Yes
Company through whichindirect ownership isestablished
Relationship to Direct Owner
Relationship Established
Percentage of Ownership
Does this owner direct themanagement or policies ofthe firm?
Is this a public reportingcompany?
PFP HOLDINGS, INC
MEMBER
ALLIANZ GLOBAL INVESTORS U.S. HOLDINGS LLC
75% or more
No
Domestic Entity
04/2020
Yes
Legal Name & CRD# (if any):
Is this a domestic or foreignentity or an individual?
Company through whichindirect ownership isestablished
Relationship to Direct Owner
Relationship Established
Percentage of Ownership
Does this owner direct themanagement or policies ofthe firm?
Is this a public reportingcompany?
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Firm History
This section provides information relating to any successions (e.g., mergers, acquisitions) involving the firm.
No information reported.
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Firm Operations
RegistrationsThis section provides information about the regulators (Securities and Exchange Commission (SEC), self-regulatoryorganizations (SROs), and U.S. states and territories) with which the brokerage firm is currently registered andlicensed, the date the license became effective, and certain information about the firm's SEC registration.
This firm is currently registered with the SEC, 1 SRO and 53 U.S. states and territories.
SEC Registration Questions
This firm is registered with the SEC as:
A broker-dealer:
A broker-dealer and government securities broker or dealer:
A government securities broker or dealer only:
This firm has ceased activity as a government securities broker or dealer:
Yes
No
No
No
Federal Regulator Status Date Effective
SEC Approved 10/25/1989
Self-Regulatory Organization Status Date Effective
FINRA Approved 10/19/1989
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Firm Operations
Registrations (continued)
U.S. States &Territories
Status Date Effective
Alabama Approved 03/10/1998
Alaska Approved 11/27/1990
Arizona Approved 09/18/1992
Arkansas Approved 05/02/1997
California Approved 02/24/1998
Colorado Approved 11/13/1989
Connecticut Approved 06/05/1997
Delaware Approved 09/28/1990
District of Columbia Approved 04/20/1990
Florida Approved 07/29/1991
Georgia Approved 06/27/1990
Hawaii Approved 03/21/1998
Idaho Approved 11/26/1990
Illinois Approved 07/26/1990
Indiana Approved 11/27/1990
Iowa Approved 11/20/1990
Kansas Approved 03/06/1991
Kentucky Approved 07/10/1990
Louisiana Approved 11/08/1990
Maine Approved 04/24/1991
Maryland Approved 03/01/1991
Massachusetts Approved 12/07/1990
Michigan Approved 12/22/1999
Minnesota Approved 11/19/1990
Mississippi Approved 07/25/1990
Missouri Approved 01/28/1991
Montana Approved 11/30/1990
Nebraska Approved 01/31/1998
Nevada Approved 07/02/1990
New Hampshire Approved 12/27/1990
New Jersey Approved 08/01/1991
New Mexico Approved 01/11/1991
New York Approved 10/27/1989
U.S. States &Territories
Status Date Effective
North Carolina Approved 11/07/1990
North Dakota Approved 11/26/1990
Ohio Approved 12/13/1990
Oklahoma Approved 02/13/1991
Oregon Approved 02/06/1991
Pennsylvania Approved 03/11/1991
Puerto Rico Approved 03/04/1991
Rhode Island Approved 10/12/1990
South Carolina Approved 11/30/1990
South Dakota Approved 07/23/1990
Tennessee Approved 11/07/1990
Texas Approved 12/04/1990
Utah Approved 11/30/1990
Vermont Approved 04/22/1991
Virgin Islands Approved 03/30/2005
Virginia Approved 09/20/1990
Washington Approved 02/04/1991
West Virginia Approved 10/09/1990
Wisconsin Approved 01/02/1991
Wyoming Approved 06/29/1990
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Firm Operations
Types of BusinessThis section provides the types of business, including non-securities business, the brokerage firm is engaged in orexpects to be engaged in.
Other Types of Business
This firm does not effect transactions in commodities, commodity futures, or commodity options.This firm does not engage in other non-securities business.
Non-Securities Business Description:
This firm currently conducts 4 types of businesses.
Types of Business
Mutual fund underwriter or sponsor
Mutual fund retailer
Private placements of securities
Other - THE FIRM MAY ALSO (I) ACT AS CO-MANAGER OF RIGHTS OFFERINGS OF CLOSED-END FUNDS; (II)ACT AS WHOLESALER OF OFFSHORE FUNDS; (III) PROVIDE MARKETING SUPPORT FOR CLOSED-ENDFUNDS AND RELATED SHAREHOLDER SERVICING; AND (IV) MARKET SECURITIES ISSUED PURSUANT TOSECTION 529 TUITION PLANS.
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Firm Operations
Clearing Arrangements
This firm does not hold or maintain funds or securities or provide clearing services for other broker-dealer(s).
Introducing Arrangements
This firm does not refer or introduce customers to other brokers and dealers.
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Firm Operations
Industry Arrangements
This firm does have books or records maintained by a third party.
Name: STARCOMPLIANCE
Business Address: 370 LEXINGTON AVENUESUITE 501NEW YORK, NY 10017
Effective Date: 04/03/2017
Description: PURSUANT TO A WRITTEN CONTRACT, STARCOMPLIANCE PROVIDESCERTAIN SERVICES TO ALLIANZ GLOBAL INVESTORS DISTRIBUTORSLLC WHICH INVOLVE ELECTRONIC DATA STORAGE SERVICES.
Name: RED OAK COMPLIANCE SOLUTIONS LLC
Business Address: 1101 ARROW POINT DRIVEBUILDING 3, SUITE 301CEDAR PARK, TX 78613
Effective Date: 11/14/2016
Description: AGID OR AN AFFILIATE HAS ENTERED INTO AN ARRANGEMENTS WITHRED OAK COMPLIANCE SOLUTIONS LLC ("RED OAK") PURSUANT TOWHICH RED OAK PROVIDES AGID WITH ELECTRONIC ARCHIVINGREGARDING THE REVIEW OF ADVERTISING AND MARKETINGDOCUMENTS.
Name: VERITAS TECHNOLOGIES LLC
Business Address: 500 EAST MIDDLEFIELD ROADMOUNTAIN VIEW, CA 94043
Effective Date: 02/12/2014
Description: AGID OR AN AFFILIATE HAS ENTERED INTO CERTAIN ARRANGEMENTSWITH SYMANTEC CORPORATION PURSUANT TO WHICH SYMANTECCORPORATION PROVIDES ELECTRONIC ARCHIVING SERVICES WITHRESPECT TO THE EMAIL OF AGIDS' ASSOCIATED PERSONS.NOTE: EFFECTIVE 10/3/15, SYMANTEC CORPORATION SPLIT INTO TWOCOMPANIES, SYMANTEC CORPORATION AND VERITAS TECHNOLOGIESLLC. ALL EMAIL ARCHIVING SOLUTIONS WILL NOW BE PART OF VERITASTECHNOLOGIES LLC.
Name: AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC
Business Address: 6201 15TH AVENUEBROOKLYN, NY 11219
Effective Date: 09/17/2012 13©2020 FINRA. All rights reserved. Report about ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
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Firm Operations
Industry Arrangements (continued)
Effective Date: 09/17/2012
Description: CERTAIN BOOKS AND RECORDS OF THE APPLICANT RELATING TOTRANSACTIONS IN SHARES OF CLOSED-END MUTUAL FUNDS AREMAINTAINED BY AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC.
Name: SMARSH, INC.
Business Address: 921 SW WASHINGTON STREETSUITE 540PORTLAND, OR 97205
Effective Date: 11/15/2012
Description: AGID OR AN AFFILIATE HAS ENTERED INTO CERTAIN ARRANGEMENTSWITH SMARSH, INC. PURSUANT TO WHICH SMARSH PROVIDES SOCIALNETWORKING WEB SITE COMPLIANCE SERVICES INCLUDINGELECTRONIC ARCHIVING FOR SOCIAL NETWORKING WEB SITE.
Name: BLOOMBERG L.P.
Business Address: 731 LEXINGTON AVE.NEW YORK, NY 10022
Effective Date: 01/01/2009
Description: AGID HAS ENTERED INTO CERTAIN ARRANGEMENTS WITHBLOOMBERG L.P. PURSUANT TO WHICH BLOOMBERG L.P.'SBLOOMBERG VAULT ("BVAULT") PROVIDES ELECTRONIC ARCHIVINGSERVICES WITH RESPECT TO THE EMAIL OF CERTAIN AGIDASSOCIATED PERSONS.
Name: HANZO ARCHIVES LIMITED
Business Address: 64 CLIFTON STREETLONDON, UNITED KINGDOM EC2A 4HB
Effective Date: 09/27/2010
Description: AGID OR AN AFFILIATE HAS ENTERED INTO CERTAIN ARRANGEMENTSWITH HANZO ARCHIVES LIMITED ("HANZO") PURSUANT TO WHICHHANZO PROVIDES AGID WITH ELECTRONIC ARCHIVING OF ITS WEBSITE AND RELATED SERVICES.
Name: STATE STREET INVESTMENT MANAGER SOLUTIONS, LLC
Business Address: P.O. BOX 57020IRVINE, CA 92619
Effective Date: 05/15/2005
Description: AGID OR AN AFFILIATE HAS ENTERED INTO CERTAIN ARRANGEMENTSWITH STATE STREET INVESTMENT MANAGER SOLUTIONS, LLC("SSIMS") PURSUANT TO WHICH SSIMS PROVIDES ELECTRONICARCHIVING TO AGID OF CERTAIN BOOKS AND RECORDS.
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Firm Operations
Industry Arrangements (continued)Description: AGID OR AN AFFILIATE HAS ENTERED INTO CERTAIN ARRANGEMENTS
WITH STATE STREET INVESTMENT MANAGER SOLUTIONS, LLC("SSIMS") PURSUANT TO WHICH SSIMS PROVIDES ELECTRONICARCHIVING TO AGID OF CERTAIN BOOKS AND RECORDS.
Name: WILLIAM B. MEYER, INC.
Business Address: 255 LONG BEACH BLVDSTRATFORD, CT 06615
Effective Date: 01/01/1987
Description: OFF-SITE RECORDS STORAGE AND RELATED SERVICES.
Name: NOVA RECORDS LLC, A CORNERSTONE RECORDS MANAGEMENTCOMPANY
Business Address: 9 EMPIRE BLVDSOUTH HACKENSACK, NJ 07606
Effective Date: 05/07/2002
Description: OFF-SITE RECORDS STORAGE AND RELATED SERVICES.
Name: BOSTON FINANCIAL DATA SERVICES, INC.
Business Address: 330 W. 9TH ST.4TH FLOORKANSAS CITY, MO 64105
Effective Date: 01/01/1998
Description: CERTAIN BOOKS AND RECORDS OF AGID RELATING TO TRANSACTIONSIN SHARES OF MUTUAL FUNDS FOR WHICH AGID NOW OR PREVIOUSLYSERVED AS DISTRIBUTOR ARE MAINTAINED BY BOSTON FINANCIALDATA SERVICES, INC.
Name: BNY MELLON INVESTMENT SERVICING (US) INC.
Business Address: 4400 COMPUTER DR.WESTBOROUGH, MA 01581
Effective Date: 12/01/1999
Description: CERTAIN BOOKS AND RECORDS OF THE APPLICANT RELATING TOTRANSACTIONS IN SHARES OF CLOSED-END MUTUAL FUNDS AREMAINTAINED BY BNY MELLON INVESTMENT SERVICING (US) INC.
Name: ALLIANZ ASSET MANAGEMENT OF AMERICA L.P.
Business Address: 650 NEWPORT CENTER DR.SUITE 250NEWPORT BEACH, CA 92660
Effective Date: 06/25/200115©2020 FINRA. All rights reserved. Report about ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
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Firm Operations
Industry Arrangements (continued)
This firm does not have accounts, funds, or securities maintained by a third party.
This firm does not have customer accounts, funds, or securities maintained by a third party.
This firm does not have individuals who control its management or policies through agreement.
This firm does not have individuals who wholly or partly finance the firm's business.
Control Persons/Financing
Effective Date: 06/25/2001
Description: THE APPLICANT HAS ENTERED INTO CERTAIN ARRANGEMENTS WITHALLIANZ ASSET MANAGEMENT OF AMERICA L.P. PURSUANT TO WHICHALLIANZ ASSET MANAGEMENT OF AMERICA L.P. MAINTAINS CERTAINBOOKS AND RECORDS ON BEHALF OF THE APPLICANT.
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Firm Operations
Organization AffiliatesThis section provides information on control relationships the firm has with other firms in the securities, investmentadvisory, or banking business.
This firm is, directly or indirectly:
· in control of· controlled by· or under common control withthe following partnerships, corporations, or other organizations engaged in the securities or investmentadvisory business.
Yes
No
CHINA
Yes
03/27/2019
ROOM 1403, LEVEL 14, SHANGHAI TOWER501 YINCHENG MIDDLE RD, LUJIAZUI, PUDONG NEW AREASHANGHAI, CHINA 200120
ALLIANZ GLOBAL INVESTORS ASSET MANAGEMENT (SHANGHAI) LIMITED is under common control withthe firm.
ALLIANZ GLOBAL INVESTORS ASSET MANAGEMENT (SHANGHAI)LIMITED AND THE APPLICANT ARE BOTH INDIRECTLY OWNED BY ALLIANZSE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
TAIWAN
Yes
01/28/2019
40F., NO. 68, SEC. 5, ZHONGXIAO E. RD., XINYI DISTTAIPEI CITY, TAIWAN 11065
PIMCO TAIWAN LIMITED is under common control with the firm.
PIMCO TAIWAN LIMITED AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
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Firm Operations
Organization Affiliates (continued)
Yes
No
No
01/02/2019
440 STEVENS AVE., SUITE 260SOLANA BEACH, CA 92075
143597
GURTIN MUNICIPAL BOND MANAGEMENT is under common control with the firm.
GURTIN MUNICIPAL BOND MANAGEMENT AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
Yes
No
CHINA
Yes
08/10/2018
ROOM 1403, LEVEL 14, SHANGHAI TOWER501 YINCHENG MIDDLE RD, LUJIAZUI, PUDONG NEW AREASHANGHAI, CHINA 200120
ALLIANZ GLOBAL INVESTORS OVERSEAS ASSET MANAGEMENT (SHANGHAI) LIMITED is under commoncontrol with the firm.
ALLIANZ GLOBAL INVESTORS OVERSEAS ASSET MANAGEMENT(SHANGHAI) LIMITED AND THE APPLICANT ARE BOTH INDIRECTLY OWNEDBY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
GERMANY
Yes
02/21/2018
SEIDLSTR. 24-24AMUNIC, GERMANY 80335
ALLIANZ CAPITAL PARTNERS GMBH is under common control with the firm.
Country:
Foreign Entity:
Effective Date:
Business Address:
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Firm Operations
Organization Affiliates (continued)
Yes
No
GERMANY
ALLIANZ CAPITAL PARTNERS GMBH AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Yes
No
No
04/01/2018
1633 BROADWAYNEW YORK, NY 10019
161684
ALLIANZ CAPITAL PARTNERS OF AMERICA LLC is under common control with the firm.
ALLIANZ CAPITAL PARTNERS OF AMERICA LLC AND THE APPLICANT AREBOTH DIRECTLY OWNED BY ALLIANZ GLOBAL INVESTORS U.S. HOLDINGSLLC. ALLIANZ GLOBAL INVESTORS U.S. HOLDINGS LLC. IS INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
Yes
No
AUSTRALIA
Yes
08/15/2016
5 MARTIN PLACE, LEVEL 19SYDNEY, AUSTRALIA NSW 2000
PIMCO AUSTRALIA MANAGEMENT LIMITED is under common control with the firm.
PIMCO AUSTRALIA MANAGEMENT LIMITED AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
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Firm Operations
Organization Affiliates (continued)
Yes
No
UK
Yes
05/31/2016
199 BISHOPSGATELONDON, UK EC2M 3TY
TOKIO MARINE ROGGE ASSET MANAGEMENT LIMITED is under common control with the firm.
TOKIO MARINE ROGGE ASSET MANAGEMENT LIMITED AND THEAPPLICANT ARE BOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATEPARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
Yes
SWITZERLAND
Yes
10/01/2015
GOTTFRIED-KELLER-STRASSE 5ZURICH, SWITZERLAND 8001
ALLIANZ GLOBAL INVESTORS (SCHWEIZ) AG is under common control with the firm.
ALLIANZ GLOBAL INVESTORS (SCHWEIZ) AG AND THE APPLICANT AREBOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
No
No
01/03/2013
5701 GOLDEN HILLS DRIVEMINNEAPOLIS, MN 55416
111925
ALLIANZ INVESTMENT MANAGEMENT LLC is under common control with the firm.
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
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Firm Operations
Organization Affiliates (continued)
Yes
ALLIANZ INVESTMENT MANAGEMENT LLC AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
No
Yes
No
01/03/2013
5701 GOLDEN HILLS DR.MINNEAPOLIS, MN 55416
612
ALLIANZ LIFE FINANCIAL SERVICES, LLC is under common control with the firm.
ALLIANZ LIFE FINANCIAL SERVICES, LLC AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
Yes
No
BRAZIL
Yes
03/16/2012
AV. BRIGADEIRO FARIA LIMA 3477TORRE A, 5° ANDARSÃO PAULO, BRAZIL 04538-133
PIMCO LATIN AMERICA ADMINISTRADOR DE CARTEIRAS LTDA. is under common control with the firm.
PIMCO LATIN AMERICA ADMINISTRADOR DE CARTEIRAS LTDA. AND THEAPPLICANT ARE BOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATEPARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
SEIDLSTRASSE 24-24AMUNICH, GERMANY 80335
PIMCO DEUTSCHLAND GMBH is under common control with the firm.
Business Address:
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Firm Operations
Organization Affiliates (continued)
Yes
Yes
GERMANY
Yes
12/22/2011
SEIDLSTRASSE 24-24AMUNICH, GERMANY 80335
PIMCO DEUTSCHLAND GMBH AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
No
Yes
No
06/27/2011
1633 BROADWAY45TH FLOORNEW YORK, NY 10019
154957
PIMCO INVESTMENTS LLC is under common control with the firm.
PIMCO INVESTMENTS LLC AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
Yes
No
LUXEMBOURG
Yes
12/16/2010
49, AVENUE J.F. KENNEDYLUXEMBOURG, GRAND DUCHY OF LUXEMBOURG L-1855
PIMCO GLOBAL ADVISORS (LUXEMBOURG) S.A. is under common control with the firm.
PIMCO GLOBAL ADVISORS (LUXEMBOURG) S.A. AND THE APPLICANT AREBOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
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Firm Operations
Organization Affiliates (continued)
PIMCO GLOBAL ADVISORS (LUXEMBOURG) S.A. AND THE APPLICANT AREBOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Yes
No
GERMANY
Yes
05/20/2008
REINSBURGSTR, 19STUTTGART, GERMANY 70178
ALLIANZ TREUHAND GMBH is under common control with the firm.
ALLIANZ TREUHAND GMBH AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
CAYMAN ISLANDS
Yes
07/23/2001
27TH FL. ICBC TOWER3 GARDEN RD., CENTRALHONG KONG, HONG KONG
ALLIANZ GLOBAL INVESTORS NOMINEE SERVICES LTD. is under common control with the firm.
ALLIANZ GLOBAL INVESTORS NOMINEE SERVICES LTD. AND THEAPPLICANT ARE BOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATEPARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
TAIWAN
Yes
07/23/2001
5 FLR., NO. 378 FU-HSING N. ROADTAIPEI, TAIWAN 10476
ALLIANZ GLOBAL INVESTORS TAIWAN LTD. is under common control with the firm.
Country:
Foreign Entity:
Effective Date:
Business Address:
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Firm Operations
Organization Affiliates (continued)
Yes
No
TAIWAN
ALLIANZ GLOBAL INVESTORS TAIWAN LTD. AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Yes
No
JAPAN
Yes
04/30/2004
ARK HILLS SOUTH TOWER 19F1-4-5 ROPPONGI, MINATO-KUTOKYO, JAPAN 106-0032
ALLIANZ GLOBAL INVESTORS JAPAN CO. LTD. is under common control with the firm.
ALLIANZ GLOBAL INVESTORS JAPAN CO. LTD. AND THE APPLICANT AREBOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
SINGAPORE
Yes
07/23/2001
12 MARINA VIEW#13-02 ASIA SQUARE TOWER 2SINGAPORE, SINGAPORE 018961
ALLIANZ GLOBAL INVESTORS SINGAPORE LTD. is under common control with the firm.
ALLIANZ GLOBAL INVESTORS SINGAPORE LTD. AND THE APPLICANT AREBOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
BOCKENHEIMER LANDSTRASSE 42-44FRANKFURT/MAIN, GERMANY 60323
ALLIANZ GLOBAL INVESTORS GMBH is under common control with the firm.
Business Address:24©2020 FINRA. All rights reserved. Report about ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
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Firm Operations
Organization Affiliates (continued)
Yes
No
GERMANY
Yes
09/03/2012
BOCKENHEIMER LANDSTRASSE 42-44FRANKFURT/MAIN, GERMANY 60323
ALLIANZ GLOBAL INVESTORS GMBH AND THE APPLICANT ARE BOTHINDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
No
12/31/2011
1633 BROADWAY43RD FLOORNEW YORK, NY 10019
149003
ALLIANZ GLOBAL INVESTORS U.S. LLC is under common control with the firm.
ALLIANZ GLOBAL INVESTORS U.S. LLC AND THE APPLICANT ARE BOTHDIRECTLY OWNED BY ALLIANZ GLOBAL INVESTORS U.S. HOLDINGS LLC.ALLIANZ GLOBAL INVESTORS U.S. HOLDINGS LLC. IS INDIRECTLY OWNEDBY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
HONG KONG
Yes
04/26/2011
27TH FLOOR, ICBC TOWER3 GARDEN ROAD CENTRALHONG KONG, HONG KONG
289358
ALLIANZ GLOBAL INVESTORS ASIA PACIFIC LIMITED is under common control with the firm.
Country:
Foreign Entity:
Effective Date:
Business Address:
CRD #:
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Firm Operations
Organization Affiliates (continued)
Yes
No
HONG KONG
ALLIANZ GLOBAL INVESTORS ASIA PACIFIC LIMITED AND THE APPLICANTARE BOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Yes
Yes
CANADA
Yes
12/15/2006
199 BAY STREET, SUITE 2050COMMERCE COURT, PO BOX 363TORONTO, ONTARIO, CANADA ML5 1G2
PIMCO CANADA CORP. is under common control with the firm.
PIMCO CANADA CORP. AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
HONG KONG
Yes
10/15/2005
SUITE 2201, 22ND FLOOR, TWO INTERNATIONAL CTR.NO. 8 FINANCE STREET, CENTRALHONG KONG, HONG KONG
PIMCO ASIA LTD is under common control with the firm.
PIMCO ASIA LTD AND THE APPLICANT ARE BOTH INDIRECTLY OWNED BYALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
11 BAKER STREETLONDON, ENGLAND W1U 3AH
PIMCO EUROPE LIMITED is under common control with the firm.
Business Address:26©2020 FINRA. All rights reserved. Report about ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
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Firm Operations
Organization Affiliates (continued)
Yes
No
UNITED KINGDOM
Yes
10/18/2001
11 BAKER STREETLONDON, ENGLAND W1U 3AH
PIMCO EUROPE LIMITED AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
SINGAPORE
Yes
10/18/2001
8 MARINA VIEW, ASIA SQUARETOWER 1, LEVEL 30SINGAPORE, SINGAPORE 238880
PIMCO ASIA PTE LTD. is under common control with the firm.
PIMCO ASIA PTE LTD. AND THE APPLICANT ARE BOTH INDIRECTLY OWNEDBY ALLIANZ SE, THE ULTIMATE PARENT
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
AUSTRALIA
Yes
10/18/2001
5 MARTIN PLACELEVEL 19SYDNEY, AUSTRALIA NSW 2000
PIMCO AUSTRALIA PTY LTD. is under common control with the firm.
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
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Firm Operations
Organization Affiliates (continued)
Yes
PIMCO AUSTRALIA PTY LTD. AND THE APPLICANT ARE BOTH INDIRECTLYOWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Yes
No
IRELAND
Yes
10/18/2001
78 SIR JOHN ROGERSON'S QUAYDUBLIN 2, IRELAND D02HD32
PIMCO GLOBAL ADVISORS (IRELAND) LIMITED is under common control with the firm.
PIMCO GLOBAL ADVISORS (IRELAND) LIMITED AND THE APPLICANT AREBOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
Yes
No
BRITISH VIRGIN ISLANDS
Yes
10/18/2001
TONAMOMON TOWERS, 18F4-1-28, TORANOMON, MINATO-KUTOKYO, JAPAN 105-0001
PIMCO JAPAN LTD. is under common control with the firm.
PIMCO JAPAN LTD. AND THE APPLICANT ARE BOTH INDIRECTLY OWNED BYALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
Business Address:
11/15/1994
650 NEWPORT CENTER DR.NEWPORT BEACH, CA 92660
104559
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC is under common control with the firm.
Effective Date:
Business Address:
CRD #:
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Firm Operations
Organization Affiliates (continued)
Yes
No
No
11/15/1994
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC AND THE APPLICANTARE BOTH INDIRECTLY OWNED BY ALLIANZ SE, THE ULTIMATE PARENT.
Description:
Investment AdvisoryActivities:
Securities Activities:
Country:
Foreign Entity:
Effective Date:
This firm is not directly or indirectly, controlled by the following:
· bank holding company· national bank· state member bank of the Federal Reserve System· state non-member bank· savings bank or association· credit union· or foreign bank
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Disclosure Events
All firms registered to sell securities or provide investment advice are required to disclose regulatory actions, criminal orcivil judicial proceedings, and certain financial matters in which the firm or one of its control affiliates has been involved.For your convenience, below is a matrix of the number and status of disclosure events involving this brokerage firm orone of its control affiliates. Further information regarding these events can be found in the subsequent pages of thisreport.
Final On AppealPending
Regulatory Event 0 2 0
Civil Event 0 2 0
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Disclosure Event Details
What you should know about reported disclosure events:
1. BrokerCheck provides details for any disclosure event that was reported in CRD. It also includessummary information regarding FINRA arbitration awards in cases where the brokerage firm wasnamed as a respondent.
2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a brokerage firm is required to disclose a
particular criminal event.3. Disclosure events in BrokerCheck reports come from different sources:
o Disclosure events for this brokerage firm were reported by the firm and/or regulators. When the firmand a regulator report information for the same event, both versions of the event will appear in theBrokerCheck report. The different versions will be separated by a solid line with the reporting sourcelabeled.
4. There are different statuses and dispositions for disclosure events: o A disclosure event may have a status of pending, on appeal, or final.
§ A "pending" event involves allegations that have not been proven or formally adjudicated.§ An event that is "on appeal" involves allegations that have been adjudicated but are currently
being appealed.§ A "final" event has been concluded and its resolution is not subject to change.
o A final event generally has a disposition of adjudicated, settled or otherwise resolved.§ An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter,
or (2) an administrative panel in an action brought by a regulator that is contested by the partycharged with some alleged wrongdoing.
§ A "settled" matter generally involves an agreement by the parties to resolve the matter.Please note that firms may choose to settle customer disputes or regulatory matters forbusiness or other reasons.
§ A "resolved" matter usually involves no payment to the customer and no finding ofwrongdoing on the part of the individual broker. Such matters generally involve customerdisputes.
5. You may wish to contact the brokerage firm to obtain further information regarding any of thedisclosure events contained in this BrokerCheck report.
Regulatory - Final
This type of disclosure event involves (1) a final, formal proceeding initiated by a regulatory authority (e.g., a statesecurities agency, self-regulatory organization, federal regulator such as the U.S. Securities and Exchange Commission,foreign financial regulatory body) for a violation of investment-related rules or regulations; or (2) a revocation orsuspension of the authority of a brokerage firm or its control affiliate to act as an attorney, accountant or federalcontractor.
Disclosure 1 of 2
Reporting Source: Firm
Allegations: THE REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATES FAILED TODISCLOSE TO THE BOARD OR TO THE SHAREHOLDERS OF THE FUND FORWHICH THE REGISTRANT WAS SERVING AS A PRINCIPAL UNDERWRITERMATERIAL FACTS INCLUDING CONFLICTS OF INTEREST THAT AROSEFROM THE REGISTRANT'S ARRANGEMENTS WITH RETAIL BROKER-DEALERS FOR INCREASED SHELF SPACE WITHIN THE RETAIL BROKER-DEALERS' DISTRIBUTION SYSTEMS.
Current Status: Final
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Initiated By: SECURITIES AND EXCHANGE COMMISSION
Principal Sanction(s)/ReliefSought:
Civil and Administrative Penalt(ies) /Fine(s)
Other Sanction(s)/ReliefSought:
CEASE AND DESIST, CENSURE, DISGORGEMENT
Date Initiated: 09/15/2004
Docket/Case Number: SEC ADMIN FILE NO. 3-11661
Principal Product Type: Mutual Fund(s)
Other Product Type(s):
Allegations: THE REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATES FAILED TODISCLOSE TO THE BOARD OR TO THE SHAREHOLDERS OF THE FUND FORWHICH THE REGISTRANT WAS SERVING AS A PRINCIPAL UNDERWRITERMATERIAL FACTS INCLUDING CONFLICTS OF INTEREST THAT AROSEFROM THE REGISTRANT'S ARRANGEMENTS WITH RETAIL BROKER-DEALERS FOR INCREASED SHELF SPACE WITHIN THE RETAIL BROKER-DEALERS' DISTRIBUTION SYSTEMS.
Resolution Date: 09/15/2004
Resolution:
Other Sanctions Ordered:
Sanction Details: THE REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATES WEREORDERED TO PAY DISGORGEMENT IN THE AMOUNT OF $6,602,000 AND TOPAY CIVIL MONEY PENALTIES IN THE AMOUNT OF $5,000,000 (OF WHICHTHE REGISTRANT SHALL JOINTLY AND SEVERALLY PAY $4,000,000 WITH PAFUND MANAGEMENT LLC).
Firm Statement THE REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATES CONSENTEDTO AN ORDER BY THE SEC IMPOSING THE FOLLOWING REMEDIALSANCTIONS: (1) CENSURE; (2) CEASE AND DESIST; (3) PAY DIGORGEMENTIN THE AMOUNT OF $6,602,000; (4) PAY CIVIL MONEY PENALTIES IN THEAMOUNT OF $5,000,000 (OF WHICH THE REGISTRANT SHALL JOINTLY ANDSEVERALLY PAY $4,000,000 WITH PA FUND MANAGEMENT LLC); AND (5)IMPLEMENT AND MAINTAIN CERTAIN WRITTEN COMPLIANCE POLICIES ANDPROCEDURES.
Sanctions Ordered: CensureMonetary/Fine $5,000,000.00Disgorgement/RestitutionCease and Desist/Injunction
Settled
Disclosure 2 of 2
i
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Disclosure 2 of 2
Reporting Source: Regulator
Initiated By: UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Principal Sanction(s)/ReliefSought:
Cease and Desist
Other Sanction(s)/ReliefSought:
Date Initiated: 09/13/2004
Docket/Case Number: 3-11645
Principal Product Type: Mutual Fund(s)
Other Product Type(s):
Allegations: SEC ADMIN PROC FILE NO. 3-11645, RELS 34-50354, IA REL 40-2292, IC REL40-26594, DATED SEPTEMBER 13, 2004 - THIS ACTION CONCERNS THENEGOTIATED, BUT UNDISCLOSED, MARKET TIMING AGREEMENT BETWEENRESPONDENT AND A HEDGE FUND ALLOWING THE HEDGE FUND TOMARKET TIME SEVERAL MUTUAL FUNDS. RESPONDENT, ENTRUSTED WITHADVISING AND DISTRIBUTING THE FUNDS, REPRESENTED TO INVESTORSTHAT THE FUNDS WOULD LIMIT A PRACTICE KNOWN AS MARKET TIMING.PAD WILLFULLY VIOLATED SECTION 17(D) OF THE INVESTMENT COMPANYACT AND RULE 17D-1 THEREUNDER, IN THAT PAD, AS PRINCIPALUNDERWRITER, ACTING AS PRINCIPAL, EFFECTED TRANSACTIONS INCONNECTION WITH JOINT ARRANGEMENTS IN WHICH CERTAIN FUNDSWERE JOINT PARTICIPANTS WITH PAD IN CONTRAVENTION OF RULES ANDREGULATIONS THE COMMISSION HAS PRESCRIBED.
Current Status: Final
Resolution Date: 09/13/2004
Resolution:
Other Sanctions Ordered:
Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?
No
Sanctions Ordered: CensureMonetary/Fine $10,000,000.00Disgorgement/RestitutionCease and Desist/Injunction
Order
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Other Sanctions Ordered:
Sanction Details: PURSUANT TO SECTION 15(B)(4) OF THE EXCHANGE ACT, PAD ISCENSURED. PURSUANT TO SECTION 203(K) OF THE ADVISERS ACT ANDSECTION 9(F) OF THE INVESTMENT COMPANY ACT, PAD SHALL CEASE ANDDESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANYFUTURE VIOLATIONS OF SECTIONS 206(1) AND 206(2) OF THE ADVISERSACT AND SECTIONS 17(D) AND 34(B) OF THE INVESTMENT COMPANY ACTAND RULE 17D-1 THEREUNDER. PAD SHALL COMPLY WITH THEUNDERTAKINGS SET FORTH IN THE ORDER. PAD SHALL JOINTLY PAYDISGORGEMENT IN THE AMOUNT OF $10,000,000. PAD AND OTHER IAFIRMS PREVIOUSLY MADE A PAYMENT OF $1,616,738 TO THE MUTUALFUNDS. PAD SHALL THEREFORE JOINTLY PAY THE REMAINING $8,383,262OF DISGORGEMENT INTO AN ESCROW ACCOUNT. PAD WILL PAY CIVILMONEY PENALTIES IN THE AMOUNT OF $10,000,000. THERE SHALL BE,PURSUANT TO SECTION 308(A) OF THE SARBANES-OXLEY ACT OF 2002, AFAIR FUND ESTABLISHED FOR THE FUNDS DESCRIBED. PAD SHALL,WITHIN 20 DAYS OF THE ENTRY OF THIS ORDER, PAY THE DISGORGEMENTAND PENALTIES INTO AN ESCROW ACCOUNT.
Regulator Statement THE SEC DEEMS IT APPROPRIATE AND IN THE PUBLIC INTEREST THATADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS BE, ANDHEREBY ARE, INSTITUTED, AGAINST PEA CAPITAL LLC F/K/A PIMCO EQUITYADVISORS LLC. IN ANTICIPATION OF THE INSTITUTION OF THESEPROCEEDINGS, RESPONDENT HAS SUBMITTED AN OFFER OFSETTLEMENT THAT THE COMMISSION HAS DETERMINED TO ACCEPT.SEC ADMIN RELEASE 34-80603, IA RELEASE 40-4699, INVESTMENTCOMPANY ACT RELEASE 40-32625 / MAY 5, 2017: SINCE THE ENTRY OF THE2004 ORDER, PA DISTRIBUTORS LLC WAS RENAMED ALLIANZ GLOBALINVESTORS DISTRIBUTORS LLC ("AGID"), MAKING AGID SUBJECT TO THEUNDERTAKINGS IN THE 2004 ORDER.AGID HAS SUBMITTED AN OFFER OF SETTLEMENT (THE "OFFER"), WHICHTHE COMMISSION HAS DETERMINED TO ACCEPT, PROPOSING TO RELIEVETHEM OF THE OBLIGATIONS TO CONTINUE TO: (1) MAINTAIN AN INTERNALCOMPLIANCE CONTROLS COMMITTEE IN ACCORDANCE WITH PARAGRAPH60.B OF THE 2004 ORDER; (2) UNDERGO BI-ANNUAL THIRD PARTYCOMPLIANCE REVIEWS IN ACCORDANCE WITH PARAGRAPH 62 OF THE2004 ORDER; (3) MAINTAIN A SENIOR-LEVEL EMPLOYEE RESPONSIBLEFOR CONFLICTS OF INTEREST REPORTING IN ACCORDANCE WITHPARAGRAPH 60.C OF THE 2004 ORDER; (4) REQUIRE THE CCO OF AGID TOREPORT BREACHES OF FIDUCIARY DUTY AND/OR VIOLATIONS OF THEFEDERAL SECURITIES LAWS IN ACCORDANCE WITH PARAGRAPH 60.D OFTHE 2004 ORDER; (5) MAINTAIN A CODE OF ETHICS OVERSIGHTCOMMITTEE IN ACCORDANCE WITH PARAGRAPH 60.A OF THE 2004ORDER; (6) MAINTAIN A CORPORATE OMBUDSMAN IN ACCORDANCE WITHPARAGRAPH 60.E OF THE 2004 ORDER; (7) CONDUCT A SHAREHOLDERS'MEETING TO ELECT THE BOARD OF TRUSTEES AT LEAST EVERY FIVEYEARS IN ACCORDANCE WITH PARAGRAPH 58.C OF THE 2004 ORDER; (8)HAVE 75 PERCENT OF ANY ALLIANZ FUND BOARD OF TRUSTEES BEDISINTERESTED IN ACCORDANCE WITH PARAGRAPH 58.A.I OF THE 2004ORDER; (9) HAVE THE CHAIRMAN OF THE BOARD OF TRUSTEES OF ANYALLIANZ FUND BE DISINTERESTED IN ACCORDANCE WITH PARAGRAPH58.A.II OF THE 2004 ORDER; AND (10) HAVE ANY ACTION BE APPROVED BYA MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD OF TRUSTEESIN ACCORDANCE WITH PARAGRAPH 58.B OF THE 2004 ORDER.SOLELY FOR PURPOSES OF THESE PROCEEDINGS AND WITHOUTADMITTING OR DENYING THE FINDINGS HEREIN, EXCEPT AS TO THECOMMISSION'S JURISDICTION OVER IT AND THE SUBJECT MATTER OFTHESE PROCEEDINGS, WHICH ARE ADMITTED, THE RESPONDENTCONSENT TO THE ENTRY OF THIS ORDER MODIFYING ORDERINSTITUTING ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGSPURSUANT TO SECTION 15(B) OF THE SECURITIES EXCHANGE ACT OF1934, SECTIONS 203(E) AND 203(K) OF THE INVESTMENT ADVISERS ACT OF1940 AND SECTIONS 9(B) AND 9(F) OF THE INVESTMENT COMPANY ACT OF1940, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND ACEASE-AND-DESIST ORDER.
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THE SEC DEEMS IT APPROPRIATE AND IN THE PUBLIC INTEREST THATADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS BE, ANDHEREBY ARE, INSTITUTED, AGAINST PEA CAPITAL LLC F/K/A PIMCO EQUITYADVISORS LLC. IN ANTICIPATION OF THE INSTITUTION OF THESEPROCEEDINGS, RESPONDENT HAS SUBMITTED AN OFFER OFSETTLEMENT THAT THE COMMISSION HAS DETERMINED TO ACCEPT.SEC ADMIN RELEASE 34-80603, IA RELEASE 40-4699, INVESTMENTCOMPANY ACT RELEASE 40-32625 / MAY 5, 2017: SINCE THE ENTRY OF THE2004 ORDER, PA DISTRIBUTORS LLC WAS RENAMED ALLIANZ GLOBALINVESTORS DISTRIBUTORS LLC ("AGID"), MAKING AGID SUBJECT TO THEUNDERTAKINGS IN THE 2004 ORDER.AGID HAS SUBMITTED AN OFFER OF SETTLEMENT (THE "OFFER"), WHICHTHE COMMISSION HAS DETERMINED TO ACCEPT, PROPOSING TO RELIEVETHEM OF THE OBLIGATIONS TO CONTINUE TO: (1) MAINTAIN AN INTERNALCOMPLIANCE CONTROLS COMMITTEE IN ACCORDANCE WITH PARAGRAPH60.B OF THE 2004 ORDER; (2) UNDERGO BI-ANNUAL THIRD PARTYCOMPLIANCE REVIEWS IN ACCORDANCE WITH PARAGRAPH 62 OF THE2004 ORDER; (3) MAINTAIN A SENIOR-LEVEL EMPLOYEE RESPONSIBLEFOR CONFLICTS OF INTEREST REPORTING IN ACCORDANCE WITHPARAGRAPH 60.C OF THE 2004 ORDER; (4) REQUIRE THE CCO OF AGID TOREPORT BREACHES OF FIDUCIARY DUTY AND/OR VIOLATIONS OF THEFEDERAL SECURITIES LAWS IN ACCORDANCE WITH PARAGRAPH 60.D OFTHE 2004 ORDER; (5) MAINTAIN A CODE OF ETHICS OVERSIGHTCOMMITTEE IN ACCORDANCE WITH PARAGRAPH 60.A OF THE 2004ORDER; (6) MAINTAIN A CORPORATE OMBUDSMAN IN ACCORDANCE WITHPARAGRAPH 60.E OF THE 2004 ORDER; (7) CONDUCT A SHAREHOLDERS'MEETING TO ELECT THE BOARD OF TRUSTEES AT LEAST EVERY FIVEYEARS IN ACCORDANCE WITH PARAGRAPH 58.C OF THE 2004 ORDER; (8)HAVE 75 PERCENT OF ANY ALLIANZ FUND BOARD OF TRUSTEES BEDISINTERESTED IN ACCORDANCE WITH PARAGRAPH 58.A.I OF THE 2004ORDER; (9) HAVE THE CHAIRMAN OF THE BOARD OF TRUSTEES OF ANYALLIANZ FUND BE DISINTERESTED IN ACCORDANCE WITH PARAGRAPH58.A.II OF THE 2004 ORDER; AND (10) HAVE ANY ACTION BE APPROVED BYA MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD OF TRUSTEESIN ACCORDANCE WITH PARAGRAPH 58.B OF THE 2004 ORDER.SOLELY FOR PURPOSES OF THESE PROCEEDINGS AND WITHOUTADMITTING OR DENYING THE FINDINGS HEREIN, EXCEPT AS TO THECOMMISSION'S JURISDICTION OVER IT AND THE SUBJECT MATTER OFTHESE PROCEEDINGS, WHICH ARE ADMITTED, THE RESPONDENTCONSENT TO THE ENTRY OF THIS ORDER MODIFYING ORDERINSTITUTING ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGSPURSUANT TO SECTION 15(B) OF THE SECURITIES EXCHANGE ACT OF1934, SECTIONS 203(E) AND 203(K) OF THE INVESTMENT ADVISERS ACT OF1940 AND SECTIONS 9(B) AND 9(F) OF THE INVESTMENT COMPANY ACT OF1940, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND ACEASE-AND-DESIST ORDER.
iReporting Source: Firm
Initiated By: UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Date Initiated: 09/13/2004
Allegations: THE REGISTRANT, AND CERTAIN OF ITS CONTROL AFFILIATES, AREALLEGED TO HAVE VIOLATED, OR AIDED AND ABETTED VIOLATIONS OF,THE ANTIFRAUD PROVISIONS OF THE FEDERAL SECURITIES LAWS,SECTION 17(A) OF THE SECURITIES ACT OF 1933, SECTION 10(B) OF THESECURITIES EXCHANGE ACT OF 1934 AND RULE 10B-5 THEREUNDER, ANDSECTIONS 206(1) AND 206(2) OF THE INVESTMENT ADVISERS ACT OF 1940.CERTAIN CONTROL AFFILIATES ARE FURTHER ALLEGED TO HAVEVIOLATED SECTION 34(B) OF THE INVESTMENT COMPANY ACT OF 1940FOR MAKING FALSE AND MISLEADING PORTFOLIO DISCLOSURES. THEREGISTRANT, AND CERTAIN OF ITS CONTROL AFFILIATES ARE ALSOALLEGED TO HAVE VIOLATED SECTION 17(D) OF THE INVESTMENTCOMPANY ACT AND RULE 17D-1 THEREUNDER FOR PARTICIPATING INJOINT TRANSACTIONS RAISING A CONFLICT OF INTEREST. FINALLY,CERTAIN CONTROL AFFILIATES ARE ALLEGED TO HAVE VIOLATEDSECTION 204(A) OF THE ADVISERS ACT FOR FAILING TO HAVE WRITTENPOLICIES TO PREVENT THE DISCLOSURE OF NON-PUBLIC PORTFOLIOHOLDINGS TO OTHERS.
Current Status: Final
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Principal Sanction(s)/ReliefSought:
Cease and Desist
Other Sanction(s)/ReliefSought:
CIVIL PENALTIES, DISGORGEMENT
Docket/Case Number: SEC ADM. FILE 3-11645/RELEASE 34-50354
Principal Product Type: Mutual Fund(s)
Other Product Type(s):
Resolution Date: 09/13/2004
Resolution:
Other Sanctions Ordered:
Sanction Details: PURSUANT TO THE OFFER OF SETTLEMENT, THE REGISTRANT ANDCERTAIN OF ITS CONTROL AFFLIATES, WITHOUT ADMITTING OR DENYINGTHE ALLEGATIONS IN THE COMPLAINT AND WITHOUT ANY FINDINGTHEREON, CONSENTED TO THE ENTRY OF AN ORDER BY THE SEC TOJOINTLY PAY DISGORGEMENT IN THE AMOUNT OF $10,000,000 (OF WHICH$1,616,738 WAS PREVIOUSLY PAID) AND TO PAY CIVIL MONEY PENALTIES INTHE AMOUNT OF $40,000,000 (OF WHICH REGISTRANT SHALL PAY$10,000,000).
Firm Statement PURSUANT TO THE OFFER OF SETTLEMENT, THE REGISTRANT ANDCERTAIN OF ITS CONTROL AFFLIATES, WITHOUT ADMITTING OR DENYINGTHE ALLEGATIONS IN THE COMPLAINT AND WITHOUT ANY FINDINGTHEREON, CONSENTED TO THE ENTRY OF AN ORDER BY THE SECIMPOSING THE FOLLOWING REMEDIAL SANCTIONS: (1) PURSUANT TOSECTION 203(E) OF THE ADVISERS ACT AND SECTION 15(B)(4)OF THEEXCHANGE ACT, THE REGISTRANT AND CERTAIN OF ITS CONTROLAFFILIATES WERE CENSURED; (2) PURSUANT TO SECTION 203(K) OF THEADVISERS ACT AND SECTION 9(F) OF THE INVESTMENT COMPANY ACT,THE REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATES SHALLCEASE AND DESIST FROM COMMITING OR CAUSING ANY VIOLATIONS ORFUTURE VIOLATIONS OF SECTIONS 204(A), 206(1) AND 206(2) OF THEADVISERS ACT AND SECTIONS 17(D) AND 34(B) OF THE INVESTMENTCOMPANY ACT AND RULE 17D-1 THEREUNDER; (3) TO JOINTLY PAYDISGORGEMENT IN THE AMOUNT OF $10,000,000 (OF WHICH $1,616,738WAS PREVIOUSLY PAID) AND TO PAY CIVIL MONEY PENALTIES IN THEAMOUNT OF $40,000,000 (OF WHICH REGISTRANT SHALL PAY $10,000,000);AND (4) TO IMPLEMENT AND MAINTAIN A REVISED AND AUGMENTEDCOMPLIANCE AND ETHICS OVERSIGHT INFRASTRUCTURE. PURSUANT TOTHE SETTLEMENT, THE SEC WILL MOVE TO DISMISS THE COMPLAINTFILED IN THE SDNY AGAINST THE REGISTRANT AND CERTAIN OF ITSCONTROL AFFILIATES.
Sanctions Ordered: CensureMonetary/Fine $10,000,000.00Disgorgement/RestitutionCease and Desist/Injunction
Order
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PURSUANT TO THE OFFER OF SETTLEMENT, THE REGISTRANT ANDCERTAIN OF ITS CONTROL AFFLIATES, WITHOUT ADMITTING OR DENYINGTHE ALLEGATIONS IN THE COMPLAINT AND WITHOUT ANY FINDINGTHEREON, CONSENTED TO THE ENTRY OF AN ORDER BY THE SECIMPOSING THE FOLLOWING REMEDIAL SANCTIONS: (1) PURSUANT TOSECTION 203(E) OF THE ADVISERS ACT AND SECTION 15(B)(4)OF THEEXCHANGE ACT, THE REGISTRANT AND CERTAIN OF ITS CONTROLAFFILIATES WERE CENSURED; (2) PURSUANT TO SECTION 203(K) OF THEADVISERS ACT AND SECTION 9(F) OF THE INVESTMENT COMPANY ACT,THE REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATES SHALLCEASE AND DESIST FROM COMMITING OR CAUSING ANY VIOLATIONS ORFUTURE VIOLATIONS OF SECTIONS 204(A), 206(1) AND 206(2) OF THEADVISERS ACT AND SECTIONS 17(D) AND 34(B) OF THE INVESTMENTCOMPANY ACT AND RULE 17D-1 THEREUNDER; (3) TO JOINTLY PAYDISGORGEMENT IN THE AMOUNT OF $10,000,000 (OF WHICH $1,616,738WAS PREVIOUSLY PAID) AND TO PAY CIVIL MONEY PENALTIES IN THEAMOUNT OF $40,000,000 (OF WHICH REGISTRANT SHALL PAY $10,000,000);AND (4) TO IMPLEMENT AND MAINTAIN A REVISED AND AUGMENTEDCOMPLIANCE AND ETHICS OVERSIGHT INFRASTRUCTURE. PURSUANT TOTHE SETTLEMENT, THE SEC WILL MOVE TO DISMISS THE COMPLAINTFILED IN THE SDNY AGAINST THE REGISTRANT AND CERTAIN OF ITSCONTROL AFFILIATES.
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Civil - Final
This type of disclosure event involves (1) an injunction issued by a foreign or domestic court within the last 10 years inconnection with investment-related activity, (2) a finding by a court of a violation of any investment-related statute orregulation, or (3) an action dismissed by a court pursuant to a settlement agreement.
Disclosure 1 of 2
Reporting Source: Firm
Initiated By: ATTORNEY GENERAL OF THE STATE OF CALIFORNIA
Relief Sought: Civil Penalty(ies)/Fine(s)
Other Relief Sought: PLANTIFF'S INVESTIGATION COSTS, INJUNCTION
Date Court Action Filed: 09/15/2004
Principal Product Type: Mutual Fund(s)
Other Product Types:
Court Details: SUPERIOR COURT OF THE STATE OF CALIFORNIA, COUNTY OFSACRAMENTO, (CASE NO. 04AS03699)
THE REGISTRANT ALLEGEDLY FAILED TO ADEQUATELY DISCLOSE TOPURCHASERS AND PROSPECTIVE PURCHASERS OF MUTUAL FUNDSMATERIAL FACTS REGARDING BROKER COMPENSATION AND DIRECTEDBROKERAGE.
Allegations:
Current Status: Final
Resolution: Settled
Resolution Date: 09/15/2004
Other Sanctions: A SUM OF $4,000,000 IN RECOGNITION OF THE ATTORNEY GENERAL'SFEES AND COSTS.
Sanction Details: A TOTAL SUM OF $5,000,000 PAID TO THE STATE OF CALIFORNIA AS CIVILPENALTIES AND THE TOTAL SUM OF $4,000,000 PAID TO THE ATTORNEYGENERAL IN RECOGNITION OF FEES AND COSTS INCURRED AND TO BEINCURRED IN CONNECTION WITH THE INVESTIGATIONS AND OTHERCOSTS, BOTH RELATED AND UNRELATED TO THE INVESTIGATION.
Firm Statement ON SEPTEMBER 15, 2004, THE ATTORNEY GENERAL OF THE STATE OFCALIFORNIA AND THE REGISTRANT, WITHOUT ADMITTING OR DENYINGTHE ALLEGATIONS IN THE COMPLAINT AND WITHOUT ANY FINDINGTHEREON, ENTERED INTO A WRITTEN SETTLEMENT AGREEMENT (THE "AGREEMENT"). PURSUANT TO THE AGREEMENT, THE PARTIES ENTEREDINTO A STIPULATION FOR THE COURT APPROVAL OF THE AGREEMENTAND ENTRY OF FINAL JUDGEMENT AND ORDER THEREON (THE "STIPULATION") WHEREIN THE COURT APPROVED THE SETTLEMENT TORESOLVE THE ACTION.
Monetary/Fine $5,000,000.00Sanctions Ordered or ReliefGranted:
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ON SEPTEMBER 15, 2004, THE ATTORNEY GENERAL OF THE STATE OFCALIFORNIA AND THE REGISTRANT, WITHOUT ADMITTING OR DENYINGTHE ALLEGATIONS IN THE COMPLAINT AND WITHOUT ANY FINDINGTHEREON, ENTERED INTO A WRITTEN SETTLEMENT AGREEMENT (THE "AGREEMENT"). PURSUANT TO THE AGREEMENT, THE PARTIES ENTEREDINTO A STIPULATION FOR THE COURT APPROVAL OF THE AGREEMENTAND ENTRY OF FINAL JUDGEMENT AND ORDER THEREON (THE "STIPULATION") WHEREIN THE COURT APPROVED THE SETTLEMENT TORESOLVE THE ACTION.
Disclosure 2 of 2
i
Reporting Source: Firm
Initiated By: NJ ATTORNEY GENERAL AND CHIEF OF NEW JERSEY BUREAU OFSECURITIES
Relief Sought: Other
Other Relief Sought: THE NJ AG FILED A CIVIL COMPLAINT SEEKING: (A) DECLARATIONS THATTHE DEFENDANTS ENGAGED IN THE ALLEGED ACTS AND PRACTICES ANDTHAT SUCH ACTS AND PRACTICES VIOLATED PROVISIONS OF THE NEWJERSEY SECURITIES LAWS; (B) AN INJUNCTION OF DEFENDANTS FROMVIOLATING THE NEW JERSEY SECURITIES LAWS IN ANY MANNER; (C) CIVILMONETARY PENALTIES; (D) RESTITUTION AND DISGORGEMENT OFPROFITS AND/OR FUNDS GAINED THROUGH VIOLATIONS OF THE NEWJERSY SECURITIES LAWS; AND (E) ANY ADDITIONAL RELIEF THAT THECOURT MAY DEEM JUST AND EQUITABLE.
Date Court Action Filed: 02/17/2004
Principal Product Type: Mutual Fund(s)
Other Product Types:
Court Details: SUPERIOR COURT OF NEW JERSEY, CHANCERY DIVISION-GENERALEQUITY, ESSEX COUNTY
THE COMPLAINT ALLEGED THAT THE DEFENDANTS, INCLUDING THEREGISTRANT AND CERTAIN OF ITS AFFILIATES, VIOLATED THE NEWJERSEY SECURITIES LAWS BY ALLOWING CERTAIN INVESTORS IN MUTUALFUNDS ADVISED BY AN AFFILIATE OF THE REGISTRANT TO ENGAGE IN "MARKET TIMING" OF THE FUNDS IN CONTRAVENTION OF THE FUNDS'PROSPECTUS.
Allegations:
Current Status: Final
Resolution: Settled
Resolution Date: 06/01/2004
Other Sanctions: REGISTRANT AND CERTAIN AFFILIATES ALSO AGREED TO (I) PAY $3MILLION IN INVESTIGATIVE COSTS AND FURTHER ENFORCEMENTINITIATIVES; AND (II) IMPLEMENT CERTAIN CORPORATE GOVERNANCECHANGES.
Monetary/Fine $15,000,000.00Sanctions Ordered or ReliefGranted:
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REGISTRANT AND CERTAIN AFFILIATES ALSO AGREED TO (I) PAY $3MILLION IN INVESTIGATIVE COSTS AND FURTHER ENFORCEMENTINITIATIVES; AND (II) IMPLEMENT CERTAIN CORPORATE GOVERNANCECHANGES.
Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS OF FACT ANDCONCLUSIONS, REGISTRANT AND CERTAIN OF ITS CONTROL AFFILIATESENTERED INTO A CONSENT ORDER AND FINAL JUDGMENT WHEREBYTHEY (I) WERE ASSESSED A CIVIL MONETARY PENALTY OF $15 MILLIONAND $3 MILLION FOR INVESTIGATIVE COSTS AND FURTHERENFORCEMENT INITIATIVES; AND (II) AGREED TO IMPLEMENT CERTAINCORPORATE GOVERNANCE CHANGES NO LATER THAN JUNE 30, 2004.THE CIVIL MONETARY PENALTIES AND INVESTIGATIVE COSTS WILL NOT BEPAID BY ANY FUNDS OR FUND SHAREHOLDERS.
Firm Statement THE PROCEEDING WAS SETTLED ON JUNE 1, 2004 IN THE CHANCERYDIVISION OF THE SUPERIOR COURT OF NEW JERSEY - GENERAL EQUITYESSEX COUNTY.EFFECTIVE DECEMBER 31, 2011 ALLIANZ GLOBAL INVESTORS OF AMERICAL.P. (AGIA L.P.) CHANGED ITS NAME TO ALLIANZ ASSET MANAGEMENT OFAMERICA L.P.
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