David Friedberg · CNBC Television · 13 July 2021

“I feel like the the Robinhood fine the FINRA fine of $70,000,000, was a good red herring for what's gonna happen in this industry which is that the big financial services firms wanna participate in this market and they don't want regulators coming in and reregulating the market.”

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Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything David Friedberg is on record saying.