Defendant Name: Cormark Securities Inc.

Defendant Type: Other

Initial Case Details

Legal Case Name In the Matter of Cormark Securities Inc.
First Document Date 21-Dec-2020
Initial Filing Format Administrative Action
File Number 3-20181
Allegation Type Broker Dealer

Violations Alleged

Related Violations Alleged

Cormark Securities Inc. is alleged to have caused an unidentified individual or entity's violation of Rules 200(g), 203(b)(1) Regulation SHO.

Resolutions

First Resolution Date 21-Dec-2020
Headline Total Penalty and Disgorgement $800,000

Related Documents:

34-90740 21-Dec-2020 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On December 21, 2020, the SEC instituted settled cease-and-desist proceedings against Cormark Securities Inc., stating: "These proceedings concern Cormark’s role in repeatedly causing a U.S. executing broker (the “Executing Broker”) to violate the order-marking and locate requirements of Regulation SHO of the Exchange Act."

Related Actions:

In the Matter of ITG Canada Corp. n/k/a Virtu ITG Canada Corp.
ITG Canada Corp.