In the Margins
Investment Technology Group board of directors Chairman Maureen O'Hara will resign in January. The announcement comes three months after the company agreed to pay $20.3 million in a penalty from the Securities and Exchange Commission for operating a proprietary trading desk that used knowledge of customers' requests to trade for its own benefit. The ITG board had approved the creation of a proprietary trading desk as a pilot project. Read the original story from Bloomberg.
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