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Its 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 indiscretio
by vmception 5y ago
Its 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”