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chunky1994

Note: This is not related to any activity relating to the gamestop/meme stock trading restrictions earlier this year, and was predominantly for their violations regarding proper trading controls and communications during 2018 to late 2020. This is a rather substantial fine in terms of those violations.

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I wonder if the gamestock saga isn't the reason this news has received the attention it did.

None of these fines (either meme stock fines or systemic failures/price improvement issues) are "substantial". It's not even a slap on the wrist for Robinhood, compared to the money they are making. They are probably clearing profits north of $70M in half a day.

> They are probably clearing profits north of $70M in half a day.

Your assertion is that Robinhood is making $51.1 billion dollars a year in profit?

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