Tag Archives: Dark Pool

SEC $12mn Mislead Dark Pool

On Nov. 7, SEC fined ITG $12mn for misleading about dark pool. Charged ITG Inc. and its affiliate AlterNet for misleading dark pool subscribers. Did not protect trading information and sometimes used in an attempt to grow. Alleged Violations Firm made misstatements and omissions, about operation of their pool, POSIT. ITG improperly disclosed confidential dark pool…
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