Former FDIC chair Sheila Bair takes on Payment for Order Flow
CNBC's "Fast Money"
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Payment for Orderflow
Duk: The notion that you would change that system because of some innuendo rumor, to me, is just absurd. I think payment for orderflow has created innovation and enabled a company like robin hood,. which is a client of ours, to offer commission free trading. Duk: Ironically, it's an exernings o anything, right? It's an expense. So from a virtue perspective, our earnings would probably go up.
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