Fined: SG Americas Securities, LLC Fined by FINRA

Fined

SG Americas Securities, LLC Fined by FINRA

An AWC was issued in which the firm was censured and fined $30,000. Without admitting or denying the findings, the firm consented to the sanctions and to the entry of findings that employees on one of its trading desks entered invalid locate codes into the firm’s order management systems in connection with short sales involving exchange traded fund (ETF) shares.

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