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By Huw Jones LONDON (Reuters) – European Union member states on Tuesday rejected plans to ban brokers earning fees in return for directing share trades to specific trading platforms, part of a sweeping stock market overhaul to compete better with post-Brexit London. Payment for order flow (PFOF) drew scrutiny last year when an army of retail investors flocked to “meme” stocks on Wall Street, using brokers who touted for business by charging zero fees, making money by sending orders to an agreed venue for execution, rather than looking for the best prices. The EU’s executive European Commission…