Fined: Virtu Americas LLC Fined by FINRA

Fined

Virtu Americas LLC Fined by FINRA

A Letter of Acceptance, Waiver and Consent (AWC)
was issued in which the firm was censured and fined $250,000. Without
admitting or denying the findings, the firm consented to the sanctions and
to the entry of findings that it implemented policies and procedures that
failed to reasonably avoid displaying, or engaging in a pattern or practice of
displaying, locking or crossing quotations in over-the-counter (OTC) equity
securities.

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Fined: Virtu Americas LLC fka KCG Americas LLC Fined by FINRA

Fined

Virtu Americas LLC fka KCG Americas LLC Fined by FINRA

An AWC was issued in which the firm was censured, fined $125,000, and required to revise its written methodology with respect to the areas described in the AWC. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that it did not maintain a reasonable written methodology governing the execution and priority of all pending orders that it received for handling and execution.

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