Securities and Exchange Commission v. Virtu Financial Inc. et al

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Case overview

Case Number:

1:23-cv-08072

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Judge:

John G. Koeltl

Firms

Companies

Government Agencies

Sectors & Industries:

  1. November 21, 2025

    SEC, Virtu To Settle Customer Data Suit For $2.5M

    Virtu Financial Inc. has agreed to pay the U.S. Securities and Exchange Commission $2.5 million for allegedly failing to safeguard customer information, according to a Friday proposed final order that would end the regulator's two-year-old suit against the broker-dealer.

  2. October 24, 2025

    Shutdown Delays Virtu's Bid To End SEC Suit

    The U.S. Securities and Exchange Commission on Friday told a New York federal judge a settlement with Virtu Financial Inc. that was on the cusp of approval would be delayed because of the government shutdown.

  3. July 01, 2025

    Virtu, SEC Move To Settle Information Security Suit

    The U.S. Securities and Exchange Commission and Virtu Financial Inc. told a New York federal judge on Tuesday that they have struck a tentative deal to end a lawsuit accusing the broker-dealer of failing to adequately protect customer data.

  4. August 09, 2024

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

    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.

  5. December 05, 2023

    Virtu Attacks SEC's 'Hypothetical' Information Security Suit

    Virtu Financial Inc. is fighting a U.S. Securities and Exchange Commission lawsuit accusing a subsidiary of failing to safeguard certain client information from its own in-house traders, arguing that the case should be dismissed because the regulator has not alleged that any Virtu employees actually accessed or misused that information.

  6. September 12, 2023

    SEC Sues Virtu Over Information Security Safeguards

    The U.S. Securities and Exchange Commission on Tuesday sued Virtu Americas LLC and its parent company in a New York federal court, alleging the broker-dealer misled customers and the markets about its safeguards for sensitive customer data.