Defendant Name: ITG Canada Corp.

Defendant Type: Subsidiary of Public Company

Document Reference: 34-90741-s

Document Details

Legal Case Name In the Matter of ITG Canada Corp. n/k/a Virtu ITG Canada Corp.
Document Name SEC Charges Two Canadian Broker-Dealers with Causing Violations of Regulation SHO
Document Date 21-Dec-2020
Document Format Administrative Proceeding
File Number 3-20182
Allegation Type Broker Dealer
Document Summary The SEC "announced settled charges against Cormark Securities Inc. and ITG Canada Corp., n/k/a Virtu ITG Canada Corp., two Canadian-based broker dealers, for providing incorrect order-marking information that caused an executing broker's repeated violations of Regulation SHO."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $200,000.00 Shared:    

Related Documents:

34-90741 21-Dec-2020 Administrative Proceeding
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
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."

Related Actions:

In the Matter of Cormark Securities Inc.
Cormark Securities Inc.