4 ms·
so who actually gets this 70M if and when they pay it?
by josephd79 5y ago
so who actually gets this 70M if and when they pay it?
- MiddleEndian 5y agoI'll take it if nobody else wants it.
- vmception 5y agoIts a kickback to FINRA so that they’ll fuck off, and it consolidates a variety of complaints as resolved, absolving Robinhood off all its perceived indiscretions FINRA has said they’ll use some of the funds ($30mm) on educating investors, aka expect an extra paragraph on page 34 of the disclaimer PDF before checking “I’ve read and agreed”