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SEC Chair Gary Gensler Wants To Save Retail Investors $1.5B Per Year — Here's How
Wednesday, December 14, 2022 - 4:03pm | 600Read More...The SEC made the first move on Wednesday toward the broadest overhaul of the stock market in more than 10 years, which the agency claims will result in better prices for investors and drive more trades to conventional exchanges. What Happened: On Wednesday, the SEC presented a number of ideas that...
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Do You Trade On Robinhood? What You Need To Know About The SEC Meeting Tomorrow
Tuesday, December 13, 2022 - 6:20pm | 604Read More...The SEC will meet on Wednesday to discuss a number of proposals, one of which is an effort to obtain better transaction pricing for small investors. It is a component of the reform of market structure that SEC Chair Gary Gensler alluded to in June when he said that not all investors were playing on...
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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 | 664Read More...Securities 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...
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What The SEC May Have Missed In Its Report On 'Meme Stock' Volatility
Friday, October 22, 2021 - 5:01pm | 538Read More...The U.S. Securities and Commission issued a report earlier this month suggesting brokers — via gamified user interfaces and mechanisms such as payment for order flow — lured investors to increase their trading which, in turn, resulted in higher revenues. Context: The...
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Would The SEC Really Ban PFOF? PreMarket Prep Weighs In
Tuesday, August 31, 2021 - 5:42pm | 709Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Read More...Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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EXCLUSIVE: TradeZero Co-Founder Talks Platform Updates, PFOF, What's Ahead For Retail Traders
Monday, July 19, 2021 - 5:00pm | 872Read More...In light of pandemic restrictions, retail investors, hungry for engagement with the outside world, fueled an impressive rise in trading activity. This was a boon for TradeZero, a commission-free stock and options trading solution for the beginner and advanced market participant. “January...
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Fintech Focus For February 19, 2021
Thursday, February 18, 2021 - 6:07pm | 2074Read More...Quote To Start The Day: Motivation is what gets you started. Habit is what keeps you going. Source: Jim Rohn One Big Thing In Fintech: “There is no reason why the greatest financial system the world has ever seen cannot settle trades in real time,” Robinhood founder Vlad Tenev said....
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Fintech Focus For February 8, 2021
Sunday, February 7, 2021 - 8:25pm | 2192Read More...Quote To Start The Day: Excessive determinism is almost always the biggest enemy of stability. This seeming contradiction is behind the concept of metastability which captures the mode of market functioning in the last years. Metastability is what seems stable, but is not — a stable waiting...
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Fintech Focus For February 3, 2021
Tuesday, February 2, 2021 - 8:18pm | 2714Read More...Quote To Start The Day: To better align our incentives with those of our members, we will stop participating in the practice of Payment for Order Flow. Source: Public.com One Big Thing In Fintech: An “anonymously” led startup called Millions has raised a $3 million seed round...
