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E*Trade got a bailout from Citadel back during the mortgage crisis in exchange for selling order flow.



Most retail brokerages do this, and the information is regularly made public by law.

https://www.schwab.com/public/schwab/nn/legal_compliance/imp... shows that Schwab sends less than 1% of orders to exchanges.


People take offense at the idea someone is profiting off their stupidity, even if it's objectively making them better off because they get a kickback.




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