We are in favor of SEC Chair Gary Gensler's proposal to route retail order flow to auction. The practice of paying for order flow has thrived since the mid 2000's led by dark pools such as those operated by Citadel. Access to customer order flow allows Citadel, Renaissance Capital and a large number of other … Continue reading Pay For Order Flow Needs To End
Tag: Citadel
How To Restore Integrity To The Capital Markets
On February 18th the House Financial Services Committee will hold a virtual hearing related to the GameStop (GME) fiasco. "Accountability" in a word is how the SEC may act to restore integrity to the capital markets. Jail time for scammers: Should you decide it is a good idea to execute a pump and dump scheme … Continue reading How To Restore Integrity To The Capital Markets
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