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Due Diligence News Briefing 

    Virtu Sues SEC to Get More Details on Market-Structure Overhaul

    2022-11-29

    BNN Bloomberg: In a Freedom of Information Act lawsuit filed Tuesday, Virtu is seeking to compel the SEC to release details about its rulemaking process and steps it has taken to get feedback from market participants. Virtu filed a FOIA request in June and hasn’t received a full response, the firm said in a statement. 

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    Five Years after #MeToo, Wall Street’s Culture of Secrecy Makes Progress Hard to Measure

    2022-11-28

    Observer: More than 20 years before the #MeToo movement began, a lawsuit filed by female employees at Smith Barney, a brokerage company, shed light on Wall Street’s hard-driving, misogynistic culture.

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