The New York Stock Exchange is investigating whether a broker participated in an alleged kickback scheme.
NYSE Regulation, the exchange’s in-house watchdog, alleges that Kevin Lodewick accepted $2,000 worth of payments from an unnamed broker-dealer (BD), including a fancy private island vacation to the Bahamas.
That's according to a July 2 complaint filed by NYSE Regulation.
Per the complaint:
NYSE is owned by Atlanta-based exchange and clearing house operator Intercontinental Exchange Inc.…