KM Financial Solutions | Cboe blasts ‘draconian’ plan to test banning stock exchange rebates
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Cboe blasts ‘draconian’ plan to test banning stock exchange rebates

Cboe blasts ‘draconian’ plan to test banning stock exchange rebates

NEW YORK, April 18 (Reuters) – A plan by U.S. regulators to
test banning the rebates stock exchanges pay to brokers that
provide liquidity, in an effort to reduce potential conflicts of
interest, will ultimately harm investors, the president of
exchange operator Cboe Global Markets said on
Wednesday.

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