Wall Street Firms Said to Face U.S. Block Trading Probe

The video discusses the scrutiny faced by investment banks over block trades, a method used by hedge funds and private equity to execute large trades without affecting market prices. An investigation initiated in 2018 by the SEC and DOJ is examining potential misuse of confidential data. While Morgan Stanley and Goldman Sachs are mentioned, no charges have been filed yet. The probe aims to address concerns about price movements and data misuse in these trades.

How do investment banks negotiate block trades to protect their clients?

What concerns have been raised about the misuse of confidential data in relation to block trades?