Liquidnet to Pay $5 Million to Settle Market-Access, Data-Protection Allegations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2025
0mins
Should l Buy ?
Source: WSJ
Regulatory Fine: Liquidnet has agreed to pay a $5 million fine to the SEC for failing to protect confidential trading information and having inadequate market access controls.
Violations: The SEC found that Liquidnet violated market-access rules by setting inappropriate credit thresholds and not limiting employee access to sensitive subscriber trading data.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
