Virtu Financial controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile3 entries
2023
SEC investigation into customer-data access
The SEC investigated whether employees at a Virtu broker-dealer could access sensitive customer information, including names and details of securities purchased and sold. The supplied material states that a settlement was reached in December 2025 for a $2.5 million penalty, without admission or denial of wrongdoing.
2014
New York Attorney General inquiry into high-frequency trading
New York Attorney General Eric Schneiderman sought information about Virtu's high-frequency-trading practices, including possible arrangements with exchanges and dark pools and whether its strategies involved latency arbitrage.
2014
SEC inquiry into high-frequency-trading practices
The SEC requested information from Virtu and other broker-dealer-affiliated high-frequency trading firms as part of an investigation into order-type abuse and strategies such as layering and spoofing. The supplied material notes that a settlement was announced in 2017 but does not provide its terms.