Virtu Presses SEC to Bar Exchanges from Listing Risky Penny Stocks
Also, Chopra's junk fee campaign expands to school lunches; regulators warn banks about fintech relationships
Virtu Financial has tirelessly, and very publicly, battled Gary Gensler over his overhaul of stock trading rules. Now, the firm is looking for help from the SEC chief, inviting him to weigh in on an industry fight with big money on the line. The under-the-radar tiff revolves around penny stocks, and it pits market makers and brokers against the major st…