Wall Street Is Furious Over Rising Fines From SEC

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Wall Street Is Furious Over Rising Fines From SEC
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SEC penalties for technical violations have exploded, prompting the high-speed trader Virtu to litigate rather than pay.

Penalties for technical violations have exploded, prompting high-speed trader Virtu to litigate rather than payVirtu is fighting allegations that some of its employees could have improperly viewed clients’ trading data.

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