SEI INVESTMENTS CO

SEI Investments has faced multiple regulatory actions across jurisdictions. The SEC ordered SEI Investments Distribution Company to pay a $375,000 civil penalty for recordkeeping and net capital violations (Administrative Proceeding 34-50017). FINRA separately imposed a $150,000 fine on SEI Investments Distribution for reporting deficiencies. The UK Financial Conduct Authority issued a final notice to SEI Investments Europe Ltd for compliance failures. The SEC's 2024-2025 off-channel communications enforcement initiative, which charged approximately 70 firms with combined penalties exceeding $2 billion, targeted the same category of recordkeeping violations that SEI has historically been penalized for. The firm's evidence of repeated regulatory failures across multiple agencies and jurisdictions demonstrates a systemic inability to maintain the compliance infrastructure required under federal securities laws.