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Benzinga
Benzinga
Politics
Wayne Duggan

SEC Chair Gensler Could Restrict Payment For Order Flow This Week: What Investors Need To Know

GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) traders at the epicenter of the meme stock trading frenzy in 2021 could get a big update this week on the way brokers like Robinhood Markets Inc (NASDAQ:HOOD) are allowed to run their businesses.

On Wednesday, U.S. Securities and Exchange Commission Chair Gary Gensler is speaking at the Piper Sandler Global Exchange and Fintech Conference at 12 p.m. ET. Gensler is expected to detail plans to overhaul the way retail investors' orders are routed, according to the Wall Street Journal.

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