Robinhood CEO defends payment for order flow, says practice is 'here to stay' – CNBC
Robinhood co-founder and CEO Vlad Tenev rings the opening bell on the Nasdaq market on July 29, 2021. Source: Nasdaq Robinhood CEO Vlad Tenev says he does not believe the company’s payment-for-order-flow (PFOF) model of market maker routing in the United States is under threat. He said no. This is despite calls from prominent consumer […]
