Quick Downgrade For Discount Brokers in Light of SEC CommentsMark Melin
As the SEC is considering changes to the little known “maker-taker” system, as first reported by ValueWalk, stock analysts have been quick to downgrade several brokerage firms.
The “maker-taker” system is one that permits brokerage firms to receive a cash payment for sending order flow to a particular stock trading platform. If this . . .
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