In the Matter of Flow Traders U.S. Institutional Trading LLC

Flow Traders U.S. Institutional Trading LLC allegedly inaccurately reported transactions to TRACE without the required No Remuneration indicator. According to FINRA, the firm failed to include the NR indicator in TRACE reports for transactions executed without a mark-up, mark-down, or commission. It also allegedly failed to establish and maintain a supervisory system reasonably designed to achieve compliance with FINRA rules.

Summary generated from official Financial Industry Regulatory Authority press release