Defendant Name:
KCG Americas LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Virtu Financial, Inc.
SIC Code:
9999
CUSIP:
92825410
Document Reference:
comp-pr2023-176
Document Details
Legal Case Name
SEC v. Virtu Financial Inc. and Virtu Americas LLC
Document Name
Complaint
Document Date
12-Sep-2023
Document Format
Civil Proceeding
Case Number
23-cv-08072
Federal District Court
New York, Southern District of New York
Allegation Type
Broker Dealer
Document Summary
The SEC stated: "This matter relates to false and misleading statements by Defendant VFI and its
subsidiary VAL, an SEC registered broker-dealer that processes approximately 25% of market
orders placed by retail investors in the U.S., and VAL’s associated failure to establish, maintain,
and enforce policies and procedures reasonably designed to prevent the misuse of material,
nonpublic information (“MNPI”)."
Other Defendants in Action: