Re:SEC charges Robinhood $65M for misleading customers about...
by ehejsbbejsk on Thursday December 17, 2020 @10:32AM
(#25456435)
Govt cannot be an arbiter of what people do with their money. Period.
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Re:SEC charges Robinhood $65M for misleading customers about...
by eru on Thursday December 17, 2020 @10:36AM
(#25456481)
I have sympathy for that sentiment, but in practice that train has long left the station.
My own comment wasn't a plea for government to interfere, btw. Just a cynical admission that active trading is bad for the vast majority of people.
(My own money is sitting in the most boring ETF I could find, but loaded with about 3x leverage. Given the regulatory requirements of the industry I work in, I wouldn't be allowed to trade actively anyway, but I don't feel like I'm missing out.)