• Why Payment for Order Flow Made Trades Free But Left SEC Skeptical

    5 days ago - By Washington Post

    The way stocks are bought and sold in the US has changed dramatically over the past decade, and at the heart of the changes is something called payment for order flow, or PFOF. It's what's made much of stock trading commission-free, which in turn brought into the markets the millions of new retail investors who fueled 2021's so-called meme stock revolution. But PFOF has also become a focus of attention for the US Securities and Exchange Commission, which after months of deliberations, decided no
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