Defendant Name:
BGC Financial, L.P.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
BGC Partners, Inc.
Document Reference:
2018-134
Document Details
Legal Case Name
In the Matter of BGC Financial, L.P.
Document Name
SEC Charges BGC Financial for Failure to Preserve Documents and Maintain Accurate Books and Records
Document Date
17-Jul-2018
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
"The Securities and Exchange Commission today announced that New York- based broker-dealer BGC Financial has agreed to pay a $1.25 million penalty to settle charges that it failed to preserve audio files sought by the SEC and inaccurately recorded travel, entertainment, and other expenses."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Civil Penalty
Individual:
$1,250,000.00
Shared: