Defendant Name:
tZERO ATS, LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Overstock.com, Inc.
SIC Code:
5999
CUSIP:
69037010
Document Reference:
34-93938
Document Details
Legal Case Name
In the Matter of tZero ATS, 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, Making Finds, and Imposing Remedial Sanctions and a Cease-And-Desist Order
Document Date
10-Jan-2022
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On January 10, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against tZERO ATS, LLC, stating: "These proceedings arise out of Respondent's operation of an alternative trading
system ("ATS"), pursuant to an exemption from registration that required it to comply with
Regulation ATS, promulgated under the Exchange Act."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Civil Penalty
Individual:
$800,000.00
Shared:
