The Lack of Women in the Securities Industry
According to Laura Schnell, a sex-discrimination lawyer, for most of Wall Streets history women were not on the trading floor. Even today women make up less than 15% of brokers, and fewer than 10 percent of managing directors at major firms (Barrett, 1997).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
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Some common words found in the essay are:
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Approximate Word count = 2532
Approximate Pages = 10 (250 words per page double spaced)
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