All You Need to Know About SEC’s Rule Changes

The U.S. Securities and Exchange Commission (SEC) has proposed a number of rule changes that could shake up Wall Street. A particular target is the controversial practice called “payment for order flow” that Robinhood (HOOD) and many other brokers use. The practice enables Robinhood and other brokers to provide commission-free trading to their customers. In this video, we discuss what the payment for order flow entails and how the proposed rule changes may affect you.