SEC Chair Gensler Takes Aim at Payment-for-Order Flow

The video explores the concept of payment for order flow, its impact on retail investors, and the transparency issues surrounding it. It delves into the differences in market models, the future of crypto exchanges, and the implications of auction models. The discussion also covers global market comparisons and the role of retail trading in U.S. equity markets.

What proposals were made by Ken Griffin regarding market transparency?

What challenges might arise from changing the payment model from order flow to an auction process?