X0405 TA-1/A 0001073944 XXXXXXXX 084-05792 true LIVE SEC UMB FUND SERVICES INC 852947 235 W. Galena Street Milwaukee WI 53212 N 414-299-2000 Y 223 Wilmington West Chester Pike Suite 303 Chadds Ford PA 19317 2225 Washington Blvd. Suite 303 Ogden UT 84401 N N Y SEI Investment Management Company 084-01318 1 Freedom Valley Drive Oaks PA 19456 Corporation UMB Financial Corporation 04/17/2011 Shareholder E true J. Mariner Kemper 07/12/2012 Director NA true 01/16/2018 Anthony Fischer 02/11/2008 President NA true 01/16/2018 Maureen A. Quill 03/11/1996 President and Director NA true Constance Dye Shannon 02/06/1995 EVP and General Counsel NA false Terrance P. Gallagher 03/12/2007 EVP NA false Christine L. Mortensen 04/03/1995 SVP NA false 06/01/2018 Shannon Johnson 12/21/2015 Director NA true Kevin Macke 12/21/2015 Director NA true Jennifer Payne 01/19/2016 Director NA true Ram Shankar 01/24/2017 Director NA true James Cornelius 01/22/2018 Director NA true Rob Mortensen 09/24/2009 EVP NA false N N N N N N N Y UMB Bank, N.A. Investment Banking Division Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Se 09/30/2015 U. S. Securities and Exchange Commission This matter involves violations of an antifraud provision of the Federal Securities Laws in connection with UMB Bank, N.A. Investment Banking Division's ("Respondent") underwriting of certain municipal securities offerings. The Respondent is a Control Affiliate of the Registrant and Registrant was not a party to this action. Respondent conducted inadequate due diligence in certain offerings and as a result, failed to form a reasonable basis for believing the truthfulness of certain material representations in official statements issued in connection with those offerings. This resulted in respondent offering and selling municipal securities on the basis of materially misleading disclosure documents. Respondent self-reported these violations to the U. S. Securities and Exchange Commission ("SEC") pursuant to the municipalities continuing disclosure cooperation ("MCDC") initiative. Respondent voluntarily participated in the MCDC initiative and is one of at least 58 firms that entered into a settlement with the SEC regarding these issues. Respondent submitted an offer of settlement to the SEC, which the SEC determined to accept. Solely for the purpose of these proceedings and any other proceedings brought by or on behalf of the SEC, or to which the SEC is a party, and without admitting or N N N N N Y UMB Financial Services, Inc. In the Matter of: UMB Financial Services, Inc. 09/12/2008 State of Missouri Office of Secretary of State. UMB Financial Services, Inc. is a Control Affiliate of the Registrant and Registrant was not a party to this action. This consent order related to the State of Missouri's Securities Division's (the "Division") finding of facts that led the Division to believe UMB Financial Services Inc.'s conduct and documentation relating to a UMB Financial Services Inc.'s representative's special supervision were inadequate, that procedures pertaining to transmittal of an IRA rollover were not followed and that UMB Financial Services Inc. did not require the prioritization of investment objectives. On September 12, 2008 UMB Financial Services, Inc. stipulated to a consent order and agreed to pay to the State of Missouri's Education and Protection Fund $30,000 and costs of the investigation of $13,000. No penalties or fines were imposed against UMB N N N N N N N N N N Constance Dye Shannon 414-299-2190 EVP and General Counsel 06/21/2018