Following the GameStop trading frenzy, the SEC is expected to take a fresh look at payment for order flow, a decades-old practice that’s at the heart of how commission-free trading works.

"One of the biggest swings will be in how the SEC polices broker-dealers like Robinhood. Under Gensler, the agency cracked down on payment for order flow, best execution, and retail trading ...

Please be aware that the statistics prepared under Rule 605 only capture a subset of the order flow ... the SEC adopted amendments to Rule 606 that introduced a new reporting format and more granular ...

HP consented to a cease-and-desist order and to pay a $6 million penalty without admitting or denying the SEC‘s findings, the SEC said.