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Benzinga
Benzinga
Business
Mark O'Donnell

4 Actions By The SEC Explained - PFOF, Fees, Meme Stocks, UST

SEC UST United States Do Kwon Gary Gensler Terraform Labs

1. Ban on payment for order flow 

In what could be the biggest shake-up of US equity market rules, the US Securities and Exchange Commission (SEC) is considering a total ban on the payment for order flow (PFOF) practice, which has been growing in recent years to the detriment of small firms and other mom-and-pop investors. 

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