Defendant Name:
ITG Canada Corp.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Virtu Financial, Inc.
SIC Code:
9999
CUSIP:
92825410
Document Reference:
34-90741
Document Details
Legal Case Name
In the Matter of ITG Canada Corp. n/k/a Virtu ITG Canada Corp.
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 ITG Canada, Corp., stating: "These proceedings concern ITG Canada’s role in 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: "has undertaken to continue to cooperate with any subsequent investigation by the Enforcement Division regarding the subject matter of this Order, and with any related enforcement action."
Cooperation Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$200,000.00
Shared:
