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Robinhood pays $70 million to settle range of allegations


Robinhood pays $70 million to settle range of allegations
By STAN CHOE
Associated Press
June 30, 2021 12:55pm
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NEW YORK Robinhood Financial will pay nearly $70 million to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience.
The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority, a non-governmental organization that oversees the brokerage industry, and one that reflects the scope and seriousness of Robinhood s violations, said Jessica Hopper, head of FINRA s depa ....

Jacqueline Ortiz Ramsay , Jessica Hopper , Exchange Commission , Financial Industry Regulatory Authority , Robinhood Financial , Wall Street , ஜாக்குலின் ஆர்டீஸ் ராம்சே , ஜெசிகா ஹாப்பர் , பரிமாற்றம் தரகு , நிதி தொழில் ஒழுங்குமுறை அதிகாரம் , ராபின் ஹூட் நிதி , சுவர் தெரு ,

Robinhood hit with record $93m fine for system outages and misleading customers


Robinhood hit with record $93m fine for system outages and misleading customers
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By Stan Choe
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Robinhood Financial will pay nearly $US70 million ($93 million) to settle a wide range of allegations, including that it gave customers misleading information and improperly allowed some users to make riskier trades after they lied about their trading experience.
The financial penalty is the largest ever ordered by the Financial Industry Regulatory Authority, a non-governmental organisation that oversees the brokerage industry, and one that “reflects the scope and seriousness of Robinhood’s violations,” said Jessica Hopper, head of FINRA’s department of enforcement. ....

Jacqueline Ortiz Ramsay , ஜாக்குலின் ஆர்டீஸ் ராம்சே ,