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by rchaud 2015 days ago
Do you have any evidence to base this on? Robinhood could easily afford to go to court if they felt the evidence was on their side. $65 million is probably more than what they've ever made in profits, so if they can pay it off without blinking, chances are a court case would result in an even larger fine.

On the same token, it's doubtful that the SEC would proceed to charge Robinhood if they knew they couldn't make the case stick in court.

1 comments

The SEC threatens to sue for a much larger fine, so they can offer to settle for $65 million.