Company Directory - TD Cowen
Company Details - TD Cowen
TD Cowen
WebsiteTD Cowen is an investment banking and financial services firm specializing in equity research, investment banking, and strategic advisory services.
CCI Score
CCI Score: TD Cowen
-25.44
0.01%
Latest Event
TD Cowen political influence and revolving door concerns
TD Cowen has been noted for its political contributions and lobbying activities in the 2024 election cycle, as well as evidence of a revolving door with former government officials. These activities raise concerns about potential excessive corporate influence on political processes, which can support authoritarian practices.
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ACCOMPLICE
TD Cowen is currently rated as an Accomplice.
Latest Events
- FEB062025
TD Cowen has been noted for its political contributions and lobbying activities in the 2024 election cycle, as well as evidence of a revolving door with former government officials. These activities raise concerns about potential excessive corporate influence on political processes, which can support authoritarian practices.
-20
Political Contributions and Lobbying Efforts
March 25
TD Cowen's reported $240,000 spent on lobbying during the 2024 cycle, alongside contributions totaling $72,221, indicates active efforts to influence policy-making. From a left-leaning perspective, this kind of financial engagement in politics can facilitate undue corporate impact in shaping public policy in ways that may undermine democratic accountability and potentially support authoritarian agendas.
-25
Executive Political Engagement
March 25
The report that one out of two TD Cowen lobbyists in both 2023 and 2024 have previously held government positions highlights a revolving door phenomenon. This close intermingling of government and corporate roles fosters conflicts of interest and can pave the way for regulatory capture, further enabling policies that may entrench authoritarian power structures.
- JAN222025
TD Cowen's annual policy risk report offers an analysis of the incoming political landscape under Donald Trump, highlighting deregulation, rising debt, and a populist approach that implicitly normalizes shifts toward authoritarian economic policies without taking a proactive stance against them.
-20
Public and Political Behavior
March 25
The report, a key part of TD Cowen Insight, focuses on political risk by analyzing how deregulation and populist policies under Trump's leadership could create conditions favorable to authoritarian measures. By not taking a strong stand against these developments, the analysis contributes to an environment that may indirectly facilitate fascist ideologies.
The Big List of Washington Policy Risk for 2025 – AHEAD OF THE CURVE©
-10
Economic and Structural Influence
March 25
The report emphasizes structural economic issues like deregulation and high national debt which may benefit corporate interests at the expense of public welfare. Such framing can be seen as enabling economic environments that favor authoritarian economic policies, marking a subtle complicity in supporting systems that undermine democratic accountability.
The Big List of Washington Policy Risk for 2025 – AHEAD OF THE CURVE©
- DEC312024
TD Cowen spent $60,000 on lobbying in 2024, an activity that raises serious concerns about the firm's role in influencing policy in ways that may support authoritarian practices and undermine democratic governance.
-20
Political Contributions and Lobbying Efforts
March 25
The reported $60,000 spent on lobbying in 2024 suggests that TD Cowen is actively engaging in political influence activities. Such expenditures can enable the firm to shape policy debates in ways that favor corporate interests and potentially bolster authoritarian tendencies by undermining transparent democratic processes.
- AUG142024
TD Cowen, alongside TD Bank, was fined by the CFTC for failing to maintain required records and supervise communications through unapproved channels. This lack of adherence to internal controls and regulatory standards raises serious concerns about its business practices and overall ethical responsibility.
-40
Business Practices and Ethical Responsibility
March 25
TD Cowen's failure to maintain adequate recordkeeping and supervise internal communications, as mandated by the CFTC, reflects poorly on its business practices and ethical responsibility. This negligence undermines transparency and accountability, which are essential for preventing the misuse of corporate operations that can indirectly contribute to authoritarian practices.
- JAN012024
An analysis of TD Cowen's lobbying record as reported by OpenSecrets indicates a long history of political lobbying activity. Although no specific lobbying on bills was reported in 2024, the presence of sustained lobbying efforts highlights the firm's engagement in influencing policy, raising concerns about corporate complicity in fostering environments favorable to authoritarian agendas.
-20
Political Contributions and Lobbying Efforts
March 25
The OpenSecrets profile demonstrates that TD Cowen has maintained a historical presence in lobbying, a key aspect of public and political behavior. While the firm has not reported lobbying on specific bills in 2024, its longstanding involvement in financial contributions to political processes suggests an ongoing effort to shape policy in ways that may undermine democratic accountability and favor corporate interests, potentially aligning with authoritarian practices.
- JAN012024
TD Cowen spent $180,000 on lobbying in 2024, reflecting its active involvement in influencing political processes. Such corporate political engagement raises concerns among anti-fascist groups as it can contribute to weakening democratic oversight and bolstering authoritarian policies.
-40
Political Contributions and Lobbying Efforts
March 25
TD Cowen's lobbying expenditure of $180,000 in 2024 is indicative of corporate efforts to influence policy decisions. Such lobbying activities are viewed critically by anti-fascist perspectives because they potentially serve corporate interests over public good, contributing to an environment that enables authoritarian practices. This report highlights the firm's role in funding political processes which may undercut democratic principles.
- JAN152021
Investigations revealed that, following its acquisition of Cowen Inc., TD Cowen was implicated in a money laundering scandal marked by significant lapses in its anti-money laundering (AML) program. The deficiencies included inadequate monitoring, failure to detect suspicious transactions, and instances of bribery which facilitated the laundering of hundreds of millions of dollars. The incident has raised concerns over the firm's business practices and public accountability, potentially undermining broader efforts to counter illicit financing and destabilize democratic processes.
-20
Public and Political Behavior
May 3
TD Cowen’s public response has been reactive rather than proactive. The delayed acknowledgment and tepid public statements by executive leadership indicate a lack of robust public and political engagement necessary to counteract the adverse effects of the scandal. This inaction indirectly contributes to undermining public trust and accountability.
How TD Bank got caught up in the global drug war, helping to launder hundreds of millions of dollars
-80
Business Practices and Ethical Responsibility
May 3
The scandal highlights severe shortcomings in TD Cowen’s business practices related to ethical responsibility. The firm’s inability to effectively monitor and prevent money laundering—coupled with allegations of bribery and repeated AML oversights—demonstrates a significant neglect of fiduciary duty and regulatory compliance. These practices not only enable criminal enterprise but also indirectly support broader authoritarian networks by destabilizing democratic financial oversight.
How TD Bank got caught up in the global drug war, helping to launder hundreds of millions of dollars
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- 523110
- Investment Banking and Securities Dealing
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- Securities Brokerage
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- Investment Advice
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- Portfolio Management