Cboe Exchange Inc has posted a notice of disciplinary decision against Dash Financial Technologies LLC.
Between July 2023 through September 2024, (the “Review Period”), the firm failed to make, keep current, preserve, and/or furnish to the Exchange, such books, records and other information pertaining to certain Qualified Contingent Cross (QCC) transactions executed on or through the Exchange, as required.
Specifically, on 72 occasions during the Review Period, the firm failed to submit QCC trade information via the Exchange Customer Web Portal, as prescribed in Cboe Options Regulatory Circular RC21-011.
While the firm had Written Supervisory Procedures (“WSPs”) in place during the Review Period, the firm failed to implement, maintain, and enforce its procedures and apply a system or process reasonably…
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