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Congressional Research Service Issues In Focus White Paper on Payment for Order Flow
February 23, 2023
WASHINGTON, Feb. 23 -- The Congressional Research Service issued the following In Focus white paper on the payment for order flow (No. IF12332) on Feb. 22, 2023, by financial economics specialist Gary Shorter:

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Payment for Order Flow: The SEC Proposes Reforms

The past few years saw an unprecedented surge in retail investor securities trading at major discount broker-dealers such as Robinhood, Charles Schwab, TD Ameritrade, and E*Trade. Among the drivin . . .

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