Robinhood Settles SEC Charges with $45 Million Payment

Reported 1 day ago

Robinhood Markets has agreed to pay $45 million to settle charges from the U.S. Securities and Exchange Commission regarding violations related to record keeping, trade reporting, and other regulations. The SEC found that Robinhood failed to accurately report trading activity, timely file suspicious activity reports, and maintain essential communications records, among other issues.

Source: YAHOO

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