Violation Tracker Individual Record
Company:
Latour Trading LLC
Penalty:
$16,000,000
Year:
2014
Date:
September 17, 2014
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Secondary Offense:
securities issuance or trading violation
Violation Description:
A New York-based high frequency trading firm agreed to pay $16 million to settle allegations of violating the net capital rule that requires all broker-dealers to maintain minimum levels of net liquid assets or net capital.
Level of Government:
federal
Action Type:
agency action
Agency:
Securities and Exchange Commission
Civil or Criminal Case:
civil
Source of Data:
https://www.sec.gov/News/PressRelease/Detail/PressRelease/1370542972403
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
