NEW YORK, March 4 (Reuters) - Knight Trading Group Inc. (nasdaq: NITE - news - people) on Thursday said it has received notice from securities regulators that they may recommend bringing civil actions against Knight Securities -- one of Knight's units -- and its former chief executive.
The Jersey City, New Jersey, company -- one of the top traders of Nasdaq-listed stocks -- said the so-called Wells Notices received by its equity unit and Kenneth Pasternak, who stepped down in January 2002, pertain to trading activity, conduct, supervision and record-keeping from 1999 through 2001.
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