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SEC Will Not Prohibit Payment for Order Flow

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SEC Will Not Prohibit Payment for Order Flow

Photo Credit:  financemagnates.com .com

The SEC is not mosting likely to seek a restriction on payment for order flow (PFOF) at this time, according to a report in Bloomberg on Sept. 22, 2022 

Photo Credit:  financemagnates.com .com

This represents a win for on-line broker Robinhood (HOOD), however its shares have sunk after an early rally 

This represents a win for on-line broker Robinhood (HOOD), however its shares have sunk after an early rally 

Photo Credit:   tomsguide .com

prior to the marketplace open on Sept. 22, 2022, shares of Robinhood struck a high of $11.07, up by 11.6% from the prior close 

prior to the marketplace open on Sept. 22, 2022, shares of Robinhood struck a high of $11.07, up by 11.6% from the prior close 

Photo Credit:   tomsguide .com

For the year to date in 2022, Robinhood's shares are down by about 46% 

For the year to date in 2022, Robinhood's shares are down by about 46% 

Photo Credit:   tomsguide .com

Robinhood has actually paid large penalties in the past to the SEC and also FINRA over PFOF and also various other techniques 

Robinhood has actually paid large penalties in the past to the SEC and also FINRA over PFOF and also various other techniques 

Photo Credit:   tomsguide .com

Everything You Wanted to Know about Cryptocurrency, Before Invest

Everything You Wanted to Know about Cryptocurrency, Before Invest

Photo Credit:   tomsguide .com

References:-1. investopedia.com 2. tomsguide.com 3. financemagnates.com  

References:-1. investopedia.com 2. tomsguide.com 3. financemagnates.com