But discrimination remains hard to fight; as the industry requires employees to sign away they're right to sue, agreeing instead to closed-door arbitration. Critics to this theory feel that the arbitration system does not work and does not protect the civil rights of employees. As you will see in my research, many statistics and court cases will prove the above statement. I will show you that since the earliest documentation I found in 1978, until current day women in the securities industry are mistreated.

Ellen Vargyas is legal counsel for the U.S. Equal Employment Opportunity Commission. She said that female securities workers "are agreeing as condition of employment that the only place (they) can go is the arbitration system." Women are agreeing to this because it has long since been the way things were run on Wall Street for numerous reasons. Now, 2 decades after the first complaint was filed, more and more are starting to roll in. Women are trying to be heard and tr

Working in Investor Relations, the researcher noticed the lack of women working in the securities industry, particularly in the hub of Wall Street. Personally dealing with 9 financial institutions regularly, covering the researcher's company, Natural MicroSystems.

S To determine the role women are playing in today's work force

Women are in this industry where at most levels, male workers are not used to having women around.

S 62% believe Wall Street is essential

A: When a woman loses money, she absorbs the guilt, saying: ''I should never have made that investment.'' Men, on the other hand, don't often feel as bad because they tend to deflect the blame and say, ''My broker is an idiot.''

If Morgan Stanley can't reach an out of court decision in this case, the EEOC will go to court, and Schieffelin can sock the company with a class action suit. Morgan Stanley is already facing a $1.7 billion race-discrimination suite from ex-analyst Christian Curry. The company would like to avoid having any more suits filed against them. One male executive at the company said he "wouldn't be surprised" if women we barred from "work related trips to strip clubs and Las Vegas." In the Institutional Equities division, only three out of the 50 managing directors are women and the entire top paying jobs are also held by men.

In 1998 Klein quite her job at Smith Barney out of frustration and joined another 25 women in her in their lawsuit against the firm. Despite any other advancement women have made in other industries, Wall Street has remained a male dominated environment.

When Oppenheimer Funds CEO Bridget Macaskill commissioned a survey in 1992 on how women and men differ in their attitudes toward money and investing, she had no idea of the profound impact it would have. But she is now widely credited with waking up Wall Street to gender differences. Macaskill spoke with Personal Finance Editor Toddi Gutner

Q: How did you get started on the issue of promoting financial independence for women?

Some common words found in the essay are:
Wall Street, Smith Barney, Gutner What's, Wall Streets, Street Bishop, Opportunity Commission, Prudential Volpe, Lieberbaum Co, II Statement, Morgan Stanley, wall street, smith barney, securities industry, morgan stanley, employment opportunity commission, sexual harassment, harassment discrimination, equal employment, opportunity commission, employment opportunity, salomon smith barney, women wall street, equal employment opportunity, women wall, trips strip clubs,
Approximate Word count = 2532
Approximate Pages = 10 (250 words per page double spaced)