TradeZero settles SEC charges it misled customers about meme stock trading halts

  div classBodysc17zpet90 cdBBJodivpReuters – The U.S. Securities and Exchange Commission on Tuesday said TradeZero America Inc and cofounder Daniel Pipitone settled charges they falsely told customers that the brokerdealer did not restrict customers purchases of socalled meme stocks, when in fact they did.p

  pTradeZero and Pipitone agreed to retain an independent compliance consultant and pay respective penalties of 100,000 and 25,000, without admitting or denying the charges, the SEC said.pdivdivdiv classBodysc17zpet90 cdBBJodiv

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  pp Reporting by Jonathan Stempel in New Yorkp

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