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Robinhood will pay $65 million as part of a settlement with the SEC after being charged with misleading customers on their revenue sources.
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Robinhood's ride to fintech supremacy has been almost as volatile as the meme stocks that trade on its platform. Its IPO debut on July 28, 2021, ended with the stock down 8% to $34.82.
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 ...
In June 2021, Robinhood was ordered to pay $57 million to the U.S. Financial Industry Regulatory Authority (FINRA) and another $12.6 million plus interest in restitution to customers after ...
Robinhood warned in its disclosure that a potential action from the SEC could mean a civil complaint and a public court proceeding that could end in a fine, a cease-and-desist order, and other ...