Re:Statement of SEC Regarding Recent Market Volatility
by whimsicalism on Friday January 29, 2021 @12:05PM
(#25959585)
That's an absolutely awful argument. Elon Musk rich so don't have to bother with the SEC?
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Re:Statement of SEC Regarding Recent Market Volatility
by Robotbeat on Friday January 29, 2021 @12:25PM
(#25959817)
Nope. The question was whether it’s worse (in terms of recovery time) to crap on the SEC or your customers, and in which case you’ll recover faster. Elon frakked with the SEC and rightfully had to pay a price for it. But they recovered quickly. I don’t think Robinhood will.
The best thing is to not frak with either the SEC or your customers. And that’s probably always an option, even if it might mean sacrifice.