June 5, 2021
To whom it may concern,
I believe the small fine of 50 million for Robinhood is preposterous. Robinhood made more than that in Q1. This company misguided and defrauded many individuals for their own benefit. It is one thing to scam those who are wealthy, but its another thing to deceit the hard working middle and lower class who are just trying to get away from living paycheck to paycheck.
I believe their fine should reflect an equal amount to which they took. Please, reconsider the incredibly low initial fine of 50 million as it is an insult to those who took the fall. Fair and equal justice should apply to all
Thank you for your time.