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Free Stock Trading Apps Like Robinhood Aren’t Really Free, SEC Chair Says



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Stock trading apps like Robinhood have transformed the investing world over the last few years, touting that they let investors trade with no fees in seconds. But those “free” platforms don’t offer entirely free stock trading, says Gary Gensler, chair of the U.S. Securities and Exchange Commission.
In an interview with New York Magazine, Gensler was asked about how payment for order flow — a method in which companies …

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