SEC Settles With Speedy Trading Over Manipulation – ValueWalk Premium
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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

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