Robinhood tanks after SEC chair tells Barron's banning payment for order flow is a possibility

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021.Shares of Robinhood dropped on Monday amid several bouts of bad news for the brokerage app.

Robinhood's stock fell to about 8% lower on the day after Securities and Exchange Commission Chairman Gary GenslerGensler told the outlet that payment for order flow — the back end payment brokerages receive from market makers to execute trades —has "an inherent conflict of interest."is exploring ways to let users trade individual stocks. The SEC did not immediately respond to CNBC's request for comment.

Good.

One of the only ways low income people can increase their wealth and quality of life, and the SECGov is trying to ban it. The SEC and GaryGensler should be investigated for corruption as PFOF and rise of fintech cuts into GoldmanSachs profit margin.

'Robinhood Tanks After SEC Chair Tells Barron's Banning Payment For Order Flow Is a Possibility' RobinhoodApp Still Think Yall Should Have Stayed Private. But Its Yall Business to Be Publicly Traded. Dont Let the SECGov Comments Spook Ya. Theres Other Parts Of Market to Hawk

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

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Karma's a bitch Hahahaha

🤦🏽‍♂️ it was always on the table for negotiations, wasn’t it? what changed? 🤔🧐🤷🏽‍♂️ $hood CGasparino

when schwab and ms tell that guy to go f himself - this will go away fast

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Source: CNN - 🏆 4. / 95 Read more »