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Ken Griffin denies Citadel uses personal information from retail investors

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Citadel CEO Ken Griffin dismissed as “flat out false” the accusation that his firm improperly uses information it garners from its market-making operation.

Griffin spoke in an interview with CNBC on Friday, one day after Citadel and other market makers came under scrutiny from Congress about their role in last month’s GameStop mania.

“I think there’s been a number of misperceptions about the data we receive from the brokerage community. In fact, a prominent U.S. senator asked us specifically about what personal identifying information do we receive from retail investors. The answer is none,” Griffin told “Squawk Box” co-host Andrew Ross Sorkin.

Market makers such as Citadel Securities pay…



Source cnbc.com

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