The SEC charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver the promised best execution of trades.
Robinhood agreed to pay a $65 million civil penalty, without admitting or denying SEC’s findings.
Not surprised on this one at all. Slap on the wrist.
so couple o thoughts here
1) rh is officially big enough to shrug off penalties, which is.. interesting
2) they arent doing anything the other shops arent doing really
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
^^^ Good points, thx.
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