4 ms·

I'm glad RH got fined, but this is a reminder that FINRA hasn't meaningfully fined the likes of Goldman, Morgan Stanley, HSBC or any other large brokerage.

• frakkingcylons 5y ago
  All of those are investment banks.
  • newfonewhodis 5y ago
    ...yes, and?
    • tptacek 5y ago
      And they aren't a retail brokerage with customer service obligations to ordinary people. Their counterparties are sophisticated, which is a regulatory way of saying "mostly on their own here".
    • deleted 5y ago
      [deleted]