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The U.S. Securities and Commission issued a report earlier this month suggesting brokers — via gamified user interfaces and mechanisms such as payment for order flow — lured investors to increase their trading which, in turn, resulted in higher revenues. Context: The SEC report comes after a wave of speculative commentaries on online forums like WallStreetBets earlier this year in which market participants fueled a rise in the volume and share prices of popularized meme stocks.
...read full article on Benzinga
