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.
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.