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SEC Chair Gensler Says Payment For Order Flow Is Conflict Of Interest: 'It's Not A Level Playing Field' For Retail Traders
Wednesday, October 12, 2022 - 4:44pm | 640SEC Chairman Gary Gensler was asked some hard-hitting questions by podcast host Jon Stewart. Many of the answers centered on Gensler wanting to do the right thing, but being resource constrained. Here’s a summary of the conversation. What Happened: Former Daily Show host Jon Stewart asked...
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SEC Chair Gensler Proposes 'Open And Transparent Auctions' As Alternative To Controversial Payment For Order Flow
Wednesday, June 8, 2022 - 1:25pm | 664Securities and Exchange Commission Chairman Gary Gensler has outlined some major changes to U.S. stock trading rules the SEC is considering to protect retail stock traders. These new rules could have significant impacts on the business models of popular online brokerages, including Robinhood...