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SEC sues Virtu Financial for misleading customers about data safeguards

Trading screen
Photo: Spencer Platt/Getty Images

Charges filed against broker-dealer and parent company over access to confidential trading information.

The US SEC sued Virtu Financial Inc. on Tuesday in federal court for alleged policy lapses that the regulator said could have let employees access confidential information behind customers’ trades.

As alleged in the SEC’s complaint, Virtu Americas and its affiliates operated two businesses that it purported to have

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