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 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.