June 5, 2021
We need to make these financial institutions accountable. A 65mil fine is just a drop in the bucket for the money they have made off of illegal activity they have done to retail investors. Real fines need to be issued so that it equivalates to a net-zero gain for their criminal activity. Robinhood has made 100's of millions of dollars on PFOF just in 2021, froze trades and not given retail investors a fair chance in the markets. This is criminal activity and needs to have fines that reflect what they have done so they cannot just write this of as a risk cost.