Robinhood: SEC Won't Ban Payment for Order Flow

The Securities and Exchange Commission will investigate, but not ban, a practice known as payment for order flow, the legal chief for the Robinhood trading app said Monday (Sept. 13). “The idea of banning payment for order flow is pretty draconian,” ...

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The Securities and Exchange Commission will investigate, but not ban, a practice known as payment for order flow, the legal chief for the Robinhood trading app said Monday (Sept. 13). “The idea of banning payment for order flow is pretty draconian,” ... https://ift.tt/eA8V8J

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