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Dark Pool Penalty

ITG Inc. and Alternet Securities reached a $12 million settlement Wednesday of SEC charges of regarding misstatements and omissions about ITG's dark pool, POSIT, and failure to protect POSIT subscribers’ confidential trading information.

WASHINGTON — ITG Inc. and Alternet Securities reached a $12 million settlement Wednesday of SEC charges of regarding misstatements and omissions about ITG's dark pool, POSIT, and failure to protect POSIT subscribers’ confidential trading information.

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