Report from Fox Business' Charlie Gasparino
This will be a good read:
BREAKING- @SECGov and @GaryGensler issue "Meme Stock" frenzy report that is set to be officially released at 430pm edt I'll have some details as I get them $GME$AMC
SCOOP-in @SECGov Meme Stock report the commission takes a shot at payment for order flow and lack of disclosure to retail trading setting the stage @GaryGensler to regulate the practice $GME$AMC
It sounds like the days of payment for order flow are over. That's not great news for Robinhood.
