Defendant Name:
AlterNet Securities, Inc.
Defendant Type:
Subsidiary of Public Company
Document Reference:
2015-164
Document Details
Legal Case Name
In the Matter of ITG Inc. and AlterNet Securities, Inc.
Document Name
SEC Charges ITG With Operating Secret Trading Desk and Misusing Dark Pool Subscriber Trading Information
Document Date
12-Aug-2015
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On August 12, 2015, the SEC announced that, "ITG Inc. and its affiliate AlterNet Securities have agreed to pay $20.3 million to settle charges that they operated a secret trading desk and misused confidential trading information of dark pool subscribers."
Disgorgement & Penalty Information
Resolutions
None Specified
Other Defendants in Action: