Defendant Name: SpeedRoute LLC

Defendant Type: Subsidiary of Public Company

Document Reference: 34-102157-s

Document Details

Legal Case Name In the Matter of SpeedRoute LLC
Document Name SEC Charges SpeedRoute LLC with Failing to File Suspicious Activity Reports
Document Date 10-Jan-2025
Document Format Administrative Proceeding
File Number 3-22396
Allegation Type Broker Dealer
Document Summary On January 10, 2025, the SEC "announced settled charges against SpeedRoute LLC ("SpeedRoute"), a registered broker-dealer, for failing to file Suspicious Activity Reports (SARs)."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Censured
Monetary Penalties:

Civil Penalty

Individual:     $600,000.00 Shared:    

Related Documents:

34-102157 10-Jan-2025 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On January 10, 2025, the SEC instituted settled administrative and cease-and-desist proceedings against SpeedRoute LLC, stating: "This matter concerns SpeedRoute’s failure to file Suspicious Activity Reports (“SARs”) from at least January 1, 2020 through December 31, 2023 (the “Relevant Period”), relating to suspicious transactions conducted through its agency routing business."