Defendant Name:
Cormark Securities Inc.
Defendant Type:
Other
Document Reference:
34-90740
Document Details
Legal Case Name
In the Matter of Cormark Securities Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
21-Dec-2020
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On December 21, 2020, the SEC instituted settled cease-and-desist proceedings against Cormark Securities Inc., stating: "These proceedings concern Cormark's role in repeatedly causing a U.S.
executing broker (the "Executing Broker") to violate the order-marking and locate
requirements of Regulation SHO of the Exchange Act."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Undertaking to Cooperate in Related Action
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$800,000.00
Shared:
