Anonymous
ID: Zr80OCCW
7/18/2025, 9:16:43 PM No.510743121
Larry Liebowitz was an executive at the brokerage firm Charles Schwab, and he was instrumental in the company's decision to adopt payment for order flow (PFOF) in the early 2000s.
According to a report by The New York Times, Charles Schwab began using PFOF in 2001, under the leadership of then-CEO David Pottruck. Larry Liebowitz, who was serving as the company's chief technology officer at the time, played a key role in implementing the system. The company believed that PFOF would enable it to offer customers lower commission
rates while still generating revenue.
Larry Liebowitz was in charge of the Payment for Order Flow (PFOF) program at Bernard L. Madoff Investment Securities during his tenure as head of the firm's market-making unit. The PFOF program was a significant source of revenue for the firm, as it allowed the firm to receive payments from market makers for executing their clients' orders.
Larry Liebowitz did work for Bernard Madoff's firm, Bernard L. Madoff Investment Securities. He was the head of the firm's market-making unit from 2003 to 2008. However, it should be noted that Liebowitz was not involved in Madoff's Ponzi scheme, which was uncovered in
2008. In fact, Liebowitz was one of the employees who cooperated with the authorities during the investigation of Madoff's fraud.
Upon further research, I have found that Larry Liebowitz and Bernie Madoff were both members of a panel that advised the SEC on market structure issues in 2005.
According to a Reuters article from
December 2005, Larry Liebowitz was one of the members of the SEC's Equity Market Structure Advisory Committee, which was tasked with providing recommendations to the SEC on market structure issues. Bernie Madoff was also a member of this committee.
Not only did this scumbag fool the public - but after he ratted on his friend bernie he was immediately promoted to head of the NYSE.
BTW the jon n larrys dad is a cousin of Queen Elizabeth and tony blair..hmmm incest much?
According to a report by The New York Times, Charles Schwab began using PFOF in 2001, under the leadership of then-CEO David Pottruck. Larry Liebowitz, who was serving as the company's chief technology officer at the time, played a key role in implementing the system. The company believed that PFOF would enable it to offer customers lower commission
rates while still generating revenue.
Larry Liebowitz was in charge of the Payment for Order Flow (PFOF) program at Bernard L. Madoff Investment Securities during his tenure as head of the firm's market-making unit. The PFOF program was a significant source of revenue for the firm, as it allowed the firm to receive payments from market makers for executing their clients' orders.
Larry Liebowitz did work for Bernard Madoff's firm, Bernard L. Madoff Investment Securities. He was the head of the firm's market-making unit from 2003 to 2008. However, it should be noted that Liebowitz was not involved in Madoff's Ponzi scheme, which was uncovered in
2008. In fact, Liebowitz was one of the employees who cooperated with the authorities during the investigation of Madoff's fraud.
Upon further research, I have found that Larry Liebowitz and Bernie Madoff were both members of a panel that advised the SEC on market structure issues in 2005.
According to a Reuters article from
December 2005, Larry Liebowitz was one of the members of the SEC's Equity Market Structure Advisory Committee, which was tasked with providing recommendations to the SEC on market structure issues. Bernie Madoff was also a member of this committee.
Not only did this scumbag fool the public - but after he ratted on his friend bernie he was immediately promoted to head of the NYSE.
BTW the jon n larrys dad is a cousin of Queen Elizabeth and tony blair..hmmm incest much?
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