FINRA Orders Record Financial Penalties Against Robinhood

Re:FINRA Orders Record Financial Penalties Against Robinhood by HNfriend234 on Monday July 05, 2021 @03:29AM (#27735448)

Robinhood is expected to go public (IPO) soon. What does everyone think of the company now? I was going to invest but now I'm having second thoughts on it. Seems like the brand has been permanently tarnished by this situation overall.

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Re:FINRA Orders Record Financial Penalties Against Robinhood by zhdc1 on Monday July 05, 2021 @04:22AM (#27735695)

I guess this is timed to get it out of the way before the IPO.

I don't know whether Robinhood as a stock would be worth investing in (probably, but that's your decision to make).

As far as adverse press and reputation are concerned, these sorts of things only have a negative effect if they represent some kind of underlying/fundamental issue with the company.

Unless if you think that Robinhood will repeatedly be hit by regulatory fines, and that the fines or other actions are large enough to strongly impact their bottom line, the FINRA action probably isn't much of a factor.

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Re:FINRA Orders Record Financial Penalties Against Robinhood by freshhawk on Monday July 05, 2021 @05:13AM (#27735947)

So these new /r/wallstreetbets and related manaics are obviously going to burn piles of money going to war with the IPO.

Do you think the size of those piles of money is priced in? The size of the fear of the size of those piles of money?

The PR related stuff seems easier to figure out.

It's either a great idea or a terrible idea, and I can't tell.

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Re:FINRA Orders Record Financial Penalties Against Robinhood by quickthrowman on Monday July 05, 2021 @10:22AM (#27738290)

I’m planning on selling put spreads to wallstreetbets once the options chain opens up

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