3 ms·
> It's just that Robinhood didn't properly disclose that they weren't getting the best execution. That wasn't lack of disclosure. It was disclosure of the oppo
by oldgradstudent 6y ago
> It's just that Robinhood didn't properly disclose that they weren't getting the best execution.
That wasn't lack of disclosure. It was disclosure of the opposite. This is called fraud. Fraud of both customers and investors.
It was certainly serious enough to warrant $65 million fine.