Seven dually registered broker-dealers and investment advisers, five broker-dealers, and four affiliated investment advisers agreed to pay a total of $81 million in fines to resolve U.S. Securities and Exchange Commission (SEC) allegations that they failed to maintain and preserve electronic communications.
Tag: SEC fine
Crypto Trading Platform Bittrex, Former CEO to Pay $24M to Settle SEC Charges
Crypto asset trading platform Bittrex and its co-founder and former CEO, William Shihara, have agreed to settle charges with the US Securities and Exchange Commission (SEC) for $24 million over charges that they operated as an unregistered exchange, broker and clearing agency.