BNY Investments controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
Ivy Asset Management settlement
Ivy Asset Management reached a settlement with United States authorities concerning its involvement in Madoff-related investment advice. The event remains the principal historical regulatory controversy identified with the BNY investment-management platform.
2010
Ivy Asset Management and Madoff-related scrutiny
Ivy Asset Management faced scrutiny over its role in advising clients to invest in funds connected with Bernard Madoff. The fund-of-hedge-funds operation was closed in 2010, and the matter later resulted in a settlement with United States authorities.