Mealey's (May 9, 2018, 2:18 PM EDT) -- CHICAGO — The Securities and Exchange Commission did not err in dismissing a petition for damages for repayment of improper “payment for order flow” (PFOF) fees for lack of jurisdiction, and its ruling did not conflict with a Seventh Circuit U.S. Court of Appeals holding related to the instant action because the SEC’s conclusion that the Securities Exchange Act of 1934 fails to provide it with jurisdiction to review the claims before it was reasonable, a Seventh Circuit panel ruled May 7 (Chicago Board Options Exchange Inc., et al. v. Securities and Exchange Commission, et al., No. 16-3424, 7th Cir.)....