The Securities and Exchange Commission (SEC) has charged Rafferty Capital Markets LLC with illegally facilitating trades by letting an unnamed, unregistered firm pass trades through its system. Rafferty has agreed to pay a total of $850,000 ($637,615 in disgorged profits, the rest in pre-judgment interest and fines) and has consented to a cease and desist order, but the fund has not admitted to any wrongdoing. The SEC says that the investigation is still underway, but doesn’t explain what else it’s looking into. Rafferty allegedly took a 15% cut for facilitating the trades According to the SEC, five of the other…