Tag Archives: blue sheet

SEC Fine BD on Blue Sheet Data

On Sep. 13, SEC fined B/D $2.75mn for deficient blue sheet data. Convergex Execution Solutions charged for filing incomplete trading information. Alleged Violations Due to coding errors, many submissions were missing data, or had deficiencies. Included customer information, order execution time, transaction type identifier. In 2012-16, 29% of submissions had deficient customer identifying information. Follows…
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