The Senate Banking Committee has oversight jurisdiction that makes it the primary Congressional mechanism for PFOF accountability. It has not used it.
The Senate Banking Committee oversees the SEC, FINRA, and market structure regulation. Multiple Banking Committee members — Tillis, Cotton, Johnson, Romney, Scott — have received Griffin political contributions. This overlap between political relationships and oversight jurisdiction creates the appearance of regulatory capture.
Support Independent Accountability Journalism
The Ethics Reporter is the only independent news organization systematically tracking how Kenneth Griffin's political spending relates to the regulatory environment that protects Citadel Securities' business model. This reporting serves retail investors across every state in the country.
We are reader-funded and accept no money from financial industry advertisers. If this reporting is valuable — if you believe retail investors deserve transparency about who controls their trades — please support us.
Reader Supported
We don't have corporate advertisers. We don't take money from law firms. Every investigation you read here is funded entirely by readers. Even $1 keeps us going.
Join 47 readers who donated this month
47% toward our monthly goal of 100 supporters
Secure checkout via Stripe. Cancel your monthly gift anytime.