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QuantMaxxing on Instagram: "U.S. Securities and Exchange Commission (SEC) reached a settlement with Citadel Securities under which the firm agreed to pay $275 million to resolve charges that its trade reporting systems and supervisory controls were deficient, resulting in inaccurate representations of trading activity; Citadel did not admit or deny wrongdoing but agreed to enhance its compliance and monitoring frameworks. Earlier, in the 2017–2018 timeframe, the SEC also penalized Citadel for we
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