Jun. 05, 2021
Dear SEC, That fine does not meet the crime. The fine should be much higher. According to Robin Hoods IPO numbers they make 250 million a quarter in payment for order flow. I don’t see how a 6.5% fine… that they will write off though taxes. Make them reconsider their sales practices. Please assess a fine that represents the crime. Truthfully, they operate a casino and represent gaming the market. No other brokers behave the way Robin Hood does. Thank you -Ken Sent from my iPad