Defendant Name: ITG Canada Corp.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Virtu Financial, Inc.
SIC Code: 9999
CUSIP: 92825410

Initial Case Details

Legal Case Name In the Matter of ITG Canada Corp. n/k/a Virtu ITG Canada Corp.
First Document Date 21-Dec-2020
Initial Filing Format Administrative Action
File Number 3-20182
Allegation Type Broker Dealer

Violations Alleged

Related Violations Alleged

ITG Canada Corp. 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 $200,000

Related Documents:

34-90741 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 ITG Canada, Corp., stating: "These proceedings concern ITG Canada’s role in causing a U.S. executing broker (the “Executing Broker”) to violate the order-marking and locate requirements of Regulation SHO of the Exchange Act."
34-90741-s 21-Dec-2020 Administrative Summary
SEC Charges Two Canadian Broker-Dealers with Causing Violations of Regulation SHO
The SEC "announced settled charges against Cormark Securities Inc. and ITG Canada Corp., n/k/a Virtu ITG Canada Corp., two Canadian-based broker dealers, for providing incorrect order-marking information that caused an executing broker's repeated violations of Regulation SHO."

Related Actions:

In the Matter of Cormark Securities Inc.
Cormark Securities Inc.