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Posts: 158
Huh. SEC Chairman Gensler tells Barron's that banning payment for order flow is 'on the table' (This would kill all the fee-free trading platforms) -- (link)
Posted by
decline (aka Decline)
Aug 30 '21, 12:47
(No message)
https://twitter.com/CNBCnow/status/1432428167227129857
(twitter.com)
Responses:
that banning payment for order flow is 'on the table' == payment would be required again for trades? Wut? -- nm
-
ty97
Aug 30, 13:18
1
That’s how they replaced the revenue from commissions.
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spamlet
Aug 30, 13:20
I’ve been hearing about this for months. -- (edited)
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znufrii
Aug 30, 13:17
Schwab's gotta be thinking "Oh boy, we can go back to charging people commissions again!" -- nm
-
Tenetennbaron
Aug 30, 13:06
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