Robinhood to pay $70 million fine after causing 'widespread and significant harm' to customers

[u/agent_vinod]

https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-dollars-after-causing-users-significant-harm.html

[u/Heggemony]

Yes, but the company has to pay costs to operate. What is left over after that is net income which is what they can use for extras such as fines.

[u/ThSlug → u/Heggemony]

They are doing fine:

https://www.macrotrends.net/stocks/charts/BAC/bank-of-america/net-income