How Will SEC Trading Reforms Impact This High-Yielding Dividend Stock?

Every so often, the Securities and Exchange Commission (SEC) will introduce new rules to protect investors and ensure the fair, orderly operation of markets. The SEC recently proposed rules taking aim at the practice of payment for order flow (PFOF), which is when brokers sell their order flow to market-making firms. One company feeling the most significant effects will likely be the market-making firm Virtu Financial (NASDAQ: VIRT).