Robinhood Agrees to $45 Million SEC Settlement Over Past Violations
Robinhood Markets, Inc. (NASDAQ:HOOD) shares are trading slightly higher in the premarket session on Tuesday. The U.S. Securities and Exchange Commission (SEC) announced that Robinhood Securities LLC and Robinhood Financial LLC will pay a combined $45 million in civil penalties to settle a series of regulatory violations.
Shares of Robinhood Markets ( HOOD 5.48%) were gaining today after the company agreed to pay $45 million to settle claims ...
In addition, the SEC alleges that Robinhood Securities also failed to provide accurate blue sheet data for more than five ...
Broker agrees $45mn settlement as part of data breach while Blackstone and KKR among those penalised by US regulator ...
JMP Securities raised the firm’s price target on Robinhood (HOOD) to $60 from $53 and keeps an Outperform rating on the shares amid a broader ...
But if Britain isn’t a nation of active stock punters, nor is it a place that allows brokers like Robinhood to take payments ...
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