ITG Completes Settlement With SEC

NEW YORK, Aug. 12, 2015 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent execution broker and research provider, today announced that it has reached a final settlement with the Securities and Exchange Commission (“SEC”) in connection with a proprietary trading pilot program that operated for 16 months in 2010 through mid-2011. “With today’s settlement, we have put this regrettable legacy matter behind us and are working to rebuild our clients’ trust in ITG,” said Maureen O’Hara, Chair of ITG’s Board of Directors. “We have moved to position the company for future success. On behalf of the Board, I want to thank our employees for their dedication in helping to bring this matter to...