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Robinhood is fined $70 million over misleading customers and …
https://www.nytimes.com/2021/06/30/technology/robinhood-fined-misleading-customers.html
WebJun 30, 2021 · Robinhood Financial, the online stock-trading app, was fined $70 million by the securities industry’s self-regulator on Wednesday for a series of failures that the agency said hurt...
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Robinhood to pay $70 million after causing users 'significant harm' - CNBC
https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-dollars-after-causing-users-significant-harm.html
WebJun 30, 2021 · Popular investing platform Robinhood has agreed to pay nearly $70 million to the financial industry regulatory authority (FINRA) to settle allegations that the brokerage caused customers... scandal
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DA: 12 PA: 89 MOZ Rank: 28
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Robinhood slapped with biggest-ever penalty by Wall Street regulator - CNN
https://www.cnn.com/2021/06/30/investing/robinhood-trading-fine-finra/index.html
WebJun 30, 2021 · Biden's Wall Street cop is putting Robinhood on notice. FINRA fined Robinhood $57 million and ordered the startup to pay about $12.6 million in restitution, plus interest, to thousands of...
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FINRA Orders Record Financial Penalties Against Robinhood …
https://www.finra.org/media-center/newsreleases/2021/finra-orders-record-financial-penalties-against-robinhood-financial
WebJun 30, 2021 · WASHINGTON—FINRA announced today that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million in restitution, plus interest, to thousands of harmed customers. The sanctions represent the largest financial penalty ever ordered by FINRA and reflect the scope and seriousness of …
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Robinhood fined $70 million over outages and misleading customers
https://www.usatoday.com/story/money/markets/2021/06/30/robinhood-fined-70-million-over-outages-and-misleading-customers/7811627002/
WebJun 30, 2021 · Robinhood misled consumers and exposed them to excessively risky trading tools, and also failed consumers when its services suffered multiple outages, the regulator said. The firm approved ...
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SEC.gov | SEC Charges Robinhood Financial With Misleading …
https://www.sec.gov/news/press-release/2020-321
WebDec 17, 2020 · The order finds that Robinhood provided inferior trade prices that in aggregate deprived customers of $34.1 million even after taking into account the savings from not paying a commission. Robinhood made these false and misleading statements during the time in which it was growing rapidly.
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Robinhood to pay $70 million in largest-ever FINRA penalty - CNBC
https://www.cnbc.com/2021/06/30/robinhood-to-pay-70-million-for-misleading-customers-and-outages-the-largest-finra-penalty-ever.html
WebJun 30, 2021 · Robinhood to pay $70 million for outages and misleading customers, the largest-ever FINRA penalty. FINRA said it fined Robinhood $57 million and ordered the stock trading app to pay nearly $13...
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Robinhood to pay $70 million in record settlement with FINRA
https://finance.yahoo.com/news/robinhood-hit-with-record-finra-fine-of-57-million-to-settle-past-issues-143447830.html
WebWed, Jun 30, 2021, 10:34 AM 4 min read. In this article: GME. The Financial Industry Regulatory Authority announced that it fined Robinhood $57 million and ordered the online brokerage to pay...
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Robinhood pays $70 million to settle range of allegations
https://www.pbs.org/newshour/economy/robinhood-pays-70-million-to-settle-range-of-allegations
WebEconomy Jun 30, 2021 4:49 PM EDT. NEW YORK (AP) — Robinhood Financial will pay nearly $70 million to settle a wide range of allegations, including that it gave customers misleading information...
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Robinhood Settles S.E.C. Charges Over Misleading Customers
https://www.nytimes.com/2020/12/17/business/robinhood-sec-charges.html
WebDec 17, 2020 · Robinhood Pays $65 Million Fine to Settle Charges of Misleading Customers. Millions of investors have turned to Robinhood in recent years, lured by a sales pitch of no trading fees. The charges... scandal
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