Defendant Name: tZERO ATS, LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Overstock.com, Inc.
SIC Code: 5999
CUSIP: 69037010

Initial Case Details

Legal Case Name In the Matter of tZERO ATS, LLC
First Document Date 10-Jan-2022
Initial Filing Format Administrative Action
File Number 3-20699
Allegation Type Broker Dealer

Violations Alleged

Other
• Rules 301(b)(2), 301(b)(5) Regulation ATS

Resolutions

First Resolution Date 10-Jan-2022
Headline Total Penalty and Disgorgement $800,000

Related Documents:

34-93938 10-Jan-2022 Administrative Proceeding
Order Instituting Administrative and Cease-And-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Making Finds, and Imposing Remedial Sanctions and a Cease-And-Desist Order
On January 10, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against tZERO ATS, LLC, stating: "These proceedings arise out of Respondent's operation of an alternative trading system ("ATS"), pursuant to an exemption from registration that required it to comply with Regulation ATS, promulgated under the Exchange Act."
34-93938-s 10-Jan-2022 Administrative Summary
SEC Charges Alternative Trading System for Failing to Comply with Certain Requirements of Regulation ATS
The SEC "announced settled charges against tZERO ATS, LLC, an indirect subsidiary of Overstock.com, for failing to comply with certain requirements of Regulation ATS."