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Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto division. The company said in a regulatory filing that it ...
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
By Jonathan Stempel (Reuters) -A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from ...
“The fine imposed in this matter reflects the scope and seriousness of Robinhood’s violations, including FINRA’s finding that Robinhood communicated false and misleading information to ...
Robinhood co-founder Baiju Bhatt (left) and moderator Josh Constine (right) speak onstage during Day 2 of TechCrunch Disrupt SF 2018 at the Moscone Center on September 6, 2018, in San Francisco, California. Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California.
The specific reasons may have been short-term and technical, but the choice was viewed with suspicion by much of Robinhood's users, not least because Robinhood has a large hedge fund as a customer.
In what might represent the first in a long series of lawsuits, the Financial Industry Regulatory Authority (FINRA) ruled that Robinhood was liable for almost $30,000 in damages to a retail ...
On Thursday, in advance of what was expected to be perhaps the biggest trading day yet, stock trading platforms like Robinhood cut off the investors because, for just a brief moment, capitalism ...