I always thought that Robinhood's customers were not folks with the Robinhood ap... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		jjtheblunt on Dec 17, 2020 \| parent \| context \| favorite \| on: SEC charges Robinhood $65M for misleading customer... I always thought that Robinhood's customers were not folks with the Robinhood app, but rather the association of their traffic with clearing houses like Citadel?

kasey_junk on Dec 17, 2020 [–]

That may be true in the “your customers are who pay you” judgement but it’s definitely not true in the “who you have a fiduciary duty to” sense.

jjtheblunt on Dec 17, 2020 | [–]

well said

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact