June 5, 2021
I find the $64 million dollar fine to be absolutely atrocious. The fine is not comparable to the damage Robinhood has done to it's customers through PFOF. I don't believe these actions send a message that the public wants and considering the SEC is a public owned system I implore you to listen to your people. It is a step in the right direction but it is simply not enough to show you truly mean to serve the retail investors you say you intend to protect.