Securities and Exchange Commission Chair Gary Gensler said during Yahoo Finance’s All Markets Summit on Monday that the agency is exploring avenues to rein in payment for order flow. But experts say it could be tough to outright ban the practice.
The Federal Reserve set to begin tapering its bond-buying program next month, which could set the stage for a moderation in inflation levels. According to Charles Schwab Managing Director and Chief Investment Strategist Liz Ann Sonders, however, a sustained increase in wages poses another major inflation risk.
Robinhood earnings sent HOOD stock tumbling. The free trading app reported weak revenue, users and guidance.