Virtu Financial Can't Cut Down SEC's Information Security Suit

By Rachel Scharf ( August 9, 2024, 5:44 PM EDT) -- A Manhattan federal judge declined Friday to trim a U.S. Securities and Exchange Commission lawsuit over Virtu Financial Inc.'s protection of customer investment data, saying discovery is needed to determine whether the platform designed reasonable safeguards to wall this information off from its own in-house traders....

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