2 ms·
Reading the SEC order it anticipates that Robinhood will be sued by clients (I think this is already happening, which may explain why there is no disgorgment or
by andylynch 6y ago
Reading the SEC order it anticipates that Robinhood will be sued by clients (I think this is already happening, which may explain why there is no disgorgment ordered here).
Disappointing since they were already fined by FINRA for Best Ex. this time last year although on further reading this seems to relate to the same time period.
Interesting that Massachusettis also announced an enforcement action against them this week.