Two Sigma violated securities exchange act (SEA) 14e-4, Arca 11.18, and Amer 320.
- Arca order related to Two Sigma failure to correctly account for in the money call options position when calculating net long position required under 14e-4, 17 CFR 240.
- Violation of NYSE Amer Rule 320 committed by failure of Two Sigma to establish, maintain, enforce written supervisory procedures to ensure compliance with 14e-4(b).
- Two Sigma fine was issued on 9 July 2020; entered into RT system in August 2020.
- Two Sigma agreed to censures and to pay $20k fine to NYSE Arca and NYSE Amer.