Citibank to Pay More Than $38 Million to Settle Charges
On November 7, 2018, the Securities and Exchange Commission announced that Citibank N.A. has agreed to pay $38.7 million to settle charges of improper handling of “pre-released” American Depositary Receipts (“ADRs”). According to the SEC, ADRs – U.S. securities that... Read More →
ITG Inc. Charged With Misleading Dark Pool Subscribers
On November 7, 2018, the Securities and Exchange Commission announced that ITG Inc. and its affiliate, AlterNet Securities Inc., have agreed to pay $12 million to settle charges arising from ITG’s misstatements and omissions about the operation of the firm’s... Read More →