Brokers' Compensation Revenues Disadvantage Retail Investors
Investment
Brokers' Compensation Revenues Disadvantage Retail Investors
2021-03-10 15:31:14
by Victoria Turner

WASHINGTON - A conflict of interest built into online broker Robinhood’s revenue came under scrutiny during Tuesday’s U.S. Senate hearing on retail investing. Three witnesses at the hearing called for a ban on brokerage firms being compensated for routing their... Read More

Robinhood in the Hot Seat
Congress
Robinhood in the Hot Seat
2021-02-19 22:12:03
by Victoria Turner

The decision by the online brokerage firm Robinhood to impose restrictions on customer trading at the high point of last month’s online trading frenzy was brought under scrutiny at Thursday’s hearing of the House Financial Services Committee. While Robinhood insists... Read More

Fight The Man: What GameStop's Surge Says About Online Mobs
Wall Street
Fight The Man: What GameStop's Surge Says About Online Mobs

It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of... Read More

SEC 'Closely Monitoring' Stock Price Volatility As GameStop Saga Continues to Unfold
Wall Street
SEC 'Closely Monitoring' Stock Price Volatility As GameStop Saga Continues to Unfold

WASHINGTON - The Securities and Exchange Commission said Friday it is "closely monitoring and evaluating" the extreme price volatility of certain stock trading prices over the past several days. The announcement came at the end of a week when amatuer... Read More

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