SEC Fines ITG $20 million for Dark Pool Violations

Discussion in 'Wall St. News' started by InfoTech, Aug 12, 2015.

  1. #11     Aug 13, 2015
  2. InfoTech

    InfoTech

    #12     Aug 13, 2015
  3. No idea why it is tax free, but it is.
    Actually, if it is a special fund set by Congress, I can't really imagine it being
    taxed.
    This one actually pocketed more than $30million,
    and was based overseas, and a non-US citizen.
    The previous year, the highest payout was $14million.
    Now they are talking about "up to 30%" : so the $30million awardee one
    must have allowed the SEC to pocket more than $100million.
     
    Last edited: Aug 13, 2015
    #13     Aug 13, 2015