The scrutiny is part of a years-long investigation into block trading by some of Wall Street's biggest players
The U.S. Securities and Exchange Commission is investigating whether certain banks may have broken the rules by tipping off hedge funds ahead of large sales of shares, or "block trades," a source familiar with the situation told Reuters on Tuesday.]
The scrutiny is part of a years-long investigation into block trading by some of Wall Street's biggest players. Here is a primer on block trading.
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