Broker Conflicts Probed At High Frequency Trading Hearing
By Ed Beeson ( June 17, 2014, 8:53 PM EDT) -- A Senate panel on Tuesday thrust an obscure but valuable component of Wall Street trading into the spotlight when a top lawmaker said customer-order rebates paid by exchanges created conflicts of interests for broker-dealers and fueled perceptions that average investors are disadvantaged in markets now dominated by high-frequency traders....
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