November 07, 2018

ITG Inc., AlterNet Securities Inc.

Trading and Pricing

SANCTION AMOUNT: $12000000

Defendants: ITG Inc., AlterNet Securities Inc.

Affiliated broker-dealer Respondents were charged with misstatements and omissions about the operation of dark pool, "POSIT." The Commission found that subscriber trading information was disclosed to other traders, despite assurances it would be kept confidential.

Key Docs
Official SEC press release

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