Page 7 - மாசசூசெட்ஸ் பத்திரங்கள் பிரிவு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Robinhood’s suit against Massachusetts may escalate a battle that could get the online broker tossed from the state MarketWatch 2 hrs ago CAPITOL REPORT Online trading app Robinhood has been hounded by regulators for years, but now it’s going on the offensive. The company is suing the state of Massachusetts in response to a lawsuit from the state’s securities regulator that accuses it of violating a new fiduciary standard that requires stock brokers in the state to put the interest of their customers ahead of their own. Massachusetts first took administrative action against the broker in December, arguing that Robinhood’s practices of providing lists of popular securities, employing tactics like push notifications and game-like graphics, both encouraged users in the state to buy securities that were not suitable for them and to trade more than was in their best interest.

New yorkUnited statesRobinhood robinhoodappSeward kisselWilliam galvinNydia velazquezExchange commissionGamestop incMassachusetts securities divisionFinancial industry regulatory authorityFinancial services committeeபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஸ்ய்வர்ட் முத்தம்வில்லியம் கால்வின்நதிய வெல்யாயிகெஸ்