Regulators probe block trading on Wall Street

What is your take on this? Where is the grey area?

Do hedge funds really get any tip-off / preferential treatment to trade block trades, in any ways? How does it work?

Have you observed anything while working in hedge funds / IB / related roles?

Morgan Stanley Among Block-Trading Firms Facing U.S. Probe

https://www.bloomberg.com/news/articles/2022-02-1…

 

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