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The company is named after Robin Hood, based on its mission to "provide everyone with access to the financial markets, not just the wealthy", with no commissions or minimum account balances. [3] [4] The company has been referred to as an innovator in zero-commission stock trading, as it relies on other sources of revenues. [5]
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SEC Rule 10b-5, codified at 17 CFR 240.10b-5, is one of the most important rules targeting securities fraud in the United States. It was promulgated by the U.S. Securities and Exchange Commission (SEC), pursuant to its authority granted under § 10(b) of the Securities Exchange Act of 1934. [1]
Robin Hood v. United States CV 12-01542 was a 2012 United States District Court for the Northern District of California civil court case. The case was brought by a person named Robin Hood against the United States government for allegedly violating the Racketeer Influenced and Corrupt Organizations Act (RICO). [ 1 ]
The scenario has been great news for Robinhood Markets (NASDAQ: HOOD), which has emerged as a big winner in this bull market. Shares of the online brokerage and financial services platform are up ...
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 ...