SEC Settles With Speedy Trading Over Manipulation – ValueWalk Premium
hedge funds SEC filings SEC Enforcement

SEC Settles With Speedy Trading Over Manipulation

High frequency trading firm Athena Capital Research has reached agreement with the U.S. Securities and Exchange Commission (SEC) to pay a $1 million penalty to settle the charges it used algorithmic trading methods to impact the closing price of NASDAQ stocks.

First ever HFT case settled with SEC
This was the first-ever manipulation case against a high-frequency trading firm settled by the SEC, Reuters


This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.

Saved Articles

The top investors are reading ValuewalkPremium.

Click here to learn why