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
File Number 3-15570
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:    

Related Documents:

2013-222 16-Oct-2013 Press Release--Administrative Proceeding
SEC Charges Knight Capital With Violations of Market Access Rule
On October 16, 2013, the SEC announced that, "Knight Capital Americas LLC has agreed to pay $12 million to settle charges that it violated the agency's market access rule in connection with the firm's Aug. 1, 2012 trading incident that disrupted the markets."