Hunt Gold Corporation (HGLC)

[wrj]

Knight Trading (nasdaq: NITE - news - people ) announced that it reached an agreement in principle with NASD and the U.S. Securities and Exchange Commission for $79 million. The agreements concerns trading and conduct at Knight Securities between 1999 and 2001. Though the administrative order has not yet been finalized, Knight expects that the company "would neither admit nor deny the findings" in the agreement. The agreement in principle requires Knight to disgorge $41 million in institutional trading profits and pay $13 million in interest and $25 million in penalties.