SpeedRoute LLC was fined a total of $310,000 by FINRA and the IEX exchange for failing to establish, maintain and enforce a supervisory system, including WSPs, reasonably designed to achieve compliance with rules prohibiting manipulative trading activity, such as wash and pre-arranged trades, layering and spoofing.

Score Priority Corp. was fined $250,000 and required to retain an independent consultant for failing to establish and implement an AML program that could reasonably be expected to detect and cause the reporting of suspicious transactions through surveillance of potentially suspicious trading and money movements in customer accounts.

Three Brothers Trading, LLC (dba Alternative Execution Group) was censured and fined $100,000 and one of its Principals was fined $15,000 and suspended. The firm and the Principal were deemed to having failed to establish and implement an AML compliance program reasonably designed to detect sales of unregistered securities and cause the reporting of potentially suspicious transactions in microcap securities.

ITG, Inc. (now known as Virtu ITG LLC ) was fined $450,000 and required to remediate the issues identified in the AWC relating to the establishment and implementation of AML policies and procedures reasonably designed to detect and cause the reporting of suspicious low-priced securities trading.

TradeStation Securities was fined $850,000 for failing to exercise reasonable diligence to ascertain whether the venues where it routed certain equity and option customer orders provided the best market for the subject securities as compared to the execution quality that was being provided at competing markets.

Precision Securities was fined a total of $70,000 by FINRA and NYSE Arca for failing to implement market access controls to limit its financial exposure pursuant to SEC Rule 15c3-5(b), (c) and (e).

Network 1 Financial Securities was fined $25,000 for failing to provide customers complete annual notifications required under Rule 606(b)(2) of Regulation National Market System (Reg NMS) under the Exchange Act.

Citigroup Global Markets was censured and fined $175,000 for failing to maintain written policies and procedures reasonably designed to prevent trade-throughs of protected quotations in NMS stocks that resulted from outdated quotation data.

Joseph Gunnar & Co. was fined for failing to establish and implement an AML program reasonably designed to detect and cause the reporting of potentially suspicious activity relating to transactions involving low-priced securities.

GTS Securities was fined a total of $100,000 for failing to obtain a locate in connection with proprietary short sale transactions as required by Rule 203(b)(1) of Regulation SHO.

Citadel Securities was fined $180,000 due to a system issue that caused it to report equity sale transactions to TRF with an inaccurate short sale indicator and in violation of Regulation SHO.

FIS Brokerage & Securities Services was censured and fined $48,000 in that its pre-trade risk management controls it maintained were not reasonably designed to prevent the entry of erroneous orders.

INTL FCStone Financial Inc. nka StoneX Financial Inc. was censured, fined $375,000 due to its supervisory system not being reasonably designed to detect red flags associated with trading or otherwise assess whether its customers were engaged in unlawful trading activity, such as manipulation of microcap securities and/or the sale of unregistered securities.

The Bank of Nova Scotia was fined $127.4 million for two separate orders involving spoofing, making false statements as well as for swap dealer compliance. The spoofing and attempted manipulation order, totaling $60.4 million (the largest civil monetary penalty ever in a spoofing case), arose from manipulative and deceptive conduct that spanned more than eight years, involving thousands of occasions of attempted manipulation and spoofing in gold and silver futures contracts.

Network 1 Financial Securities was censured and fined $60,000 for failing to develop and implement an AML program reasonably designed to address potential insider trading by firm customers as well as the review of microcap securities trading.

Interactive Brokers was fined and censured $38 million in total penalties to SEC, FINRA and CFTC. The charges stemmed from the lack of supervision of FFIs in high risk jurisdictions in monitoring their money movements and trading in microcap securities.

Virtu Americas (fka KCG Americas) was censured and fined $175,000 for failing to provide best execution to customer orders it had received from its broker-dealer clients outside of normal trading hours, by failing to use reasonable diligence to ascertain the best market for the subject securities and by failing to buy or sell in such a market so that the resultant prices to the customers were as favorable as possible under prevailing market conditions.

BNP Paribas Securities was censured, fined $650,000 for failing to aggregate credit thresholds for direct market access customers, and its written procedures did not reasonably guide supervisors in determining appropriate credit thresholds for customers.

Exane, Inc. was censured and fined $50,000 for failing to establish a reasonably designed system of risk management controls.

Two Sigma Securities was censured and fined $225,000 for entering certain short sale transactions without borrowing, or entering into a bona-fide arrangement to borrow the securities, or having reasonable grounds to believe they could be borrowed, by the delivery date of such securities contrary to the requirements of Rule 203(b)(1) of Regulation SHO (the locate requirement).