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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 theyre 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 US 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 trying to say you must treat us as equals II Problem Statement In the security industry women have never been equal with men and the climb to the top has been long and painful Women of today are taking this knowledge and running with it No more are women held back because of their minds or their looks In todays society women are getting the same education and training and still the amount of women working on Wall Street remains slim in comparison A company needs to recognize the importance and the direct effect women can make and have in their firm III Research Objectives To approach the topic Women on Wall Street many different
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