EULAs can't override federal law. That said, even if the SEC does rule against Citadel I wouldn't expect the fine to be anything that bothers Citadel. The mes

EULAs can't override federal law. That said, even if the SEC does rule against Citadel I wouldn't expect the fine to be anything that bothers Citadel. The message time and time again is that the fees are way less painful than not cheating in the first place.