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Trillium filed its proposal on behalf of a client, the Benedictine Sisters of Mount St.
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Rochester-based private-equity firm Trillium Group has helped fund a number of start-ups, including iCardiac and Thermal Gradiant Inc.
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The Workplace 2010 scheme was dropped in February after the last two bidders in the process, Telereal and Trillium, merged into one company.
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The regulator says Trillium, through nine proprietary traders, sent non-bona fide orders into the markets to create false volume, thereby attracting buying or selling interest.
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Trillium Asset Management had a proposal that would have required an independent committee to evaluate exploring extraordinary transactions and reporting on the results to shareholders.
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But this Saturday, we all later agreed, was the first day of summer: the smell of plowed fields and first-cut grass, the river flushed by rains, its banks covered with ferns and May apples and early wild flowers, dame's rocket and white trillium.
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