Defendant Name:
Knight Capital Americas LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
KCG Holdings, Inc.
SIC Code:
6799
CUSIP:
48244B10
Document Reference:
34-70694
Document Details
Legal Case Name
In the Matter of Knight Capital Americas LLC
Document Name
Order Instituting Administrative And Cease-And-Desist Proceedings, Pursuant To Sections 15(B) And 21c Of The Securities Exchange Act Of 1934, Making Findings, And Imposing Remedial Sanctions And A Cease-And-Desist Order
Document Date
16-Oct-2013
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On December 12, 2013, the SEC filed settled administrative proceedings against Knight Capital Americas LLC. According to the SEC: "The subject of these proceedings is Knight's violation of a Commission rule that requires brokers or dealers to have controls and procedures in place reasonably designed to limit the risks associated with their access to the markets...."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Compliance Related Independent Consultant
Various Undertakings
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$12,000,000.00
Shared: