Robinhood’s IPO filing shows 81% of Q1 revenue came from payment for order flow, an oft-scrutinized practice that could potentially be banned by the SEC (Alexander Osipovich/Wall Street Journal) –

Alexander Osipovich / Wall Street Journal:
Robinhood’s IPO filing shows 81% of Q1 revenue came from payment for order flow, an oft-scrutinized practice that could potentially be banned by the SEC  —  The practice provided 81% of the online brokerage’s first-quarter revenue  —  Robinhood Markets Inc. is on a collision course …

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