Top Tweets for #InvestorTurf

Investors, take heed. You can still trade free or at a low cost in many places, such as Europe and Canada, where payment for order flow is banned. Payment for order flow is not required, and anyone who tries to force it on you has an interest, and that interest is lining their pockets at your expense. It is imperative to understand why payment for order flow is detrimental. It is essentially a bribe paid to brokers by market makers for directing order flow, which compromises the integrity of the market and ultimately hurts individual investors. It is appalling that the CEO of Virtu, a company embroiled in lawsuits over stock manipulation, would call us grifters many times. Americans need to demand the SEC and other government officials to ban payment for order flow and investigate companies like Citadel, Virtu, and their executives, Ken Griffin and Doug Cifu. These individuals have not yet been held accountable for their fraud due to corrupt organizations like FINRA and the SEC's "Without admitting or denying" concept. It is time for transparency and accountability in the financial industry.