Defendant Name:
Cowen Execution Services LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Cowen Inc.
SIC Code:
9999
CUSIP:
22362110
Document Reference:
34-84116
Document Details
Legal Case Name
In the Matter of Convergex Execution Solutions, LLC, now known as Cowen Execution Services 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 and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
13-Sep-2018
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On September 13, 2018, the SEC issued an order against Convergex Execution Solutions, LLC, now known as Cowen Execution Services LLC, stating: "These proceedings arise out of Convergex's failure to submit to the Commission true and complete data in response to Commission staff electronic blue sheets ("EBS") requests, resulting in the reporting of EBS that was incomplete or deficient."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$2,750,000.00
Shared:
