Robinhood to pay $70 million for outages and misleading customers, the largest-ever FINRA penalty

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 million in restitution to thousands of clients.“Robinhood has invested heavily in improving platform stability, enhancing our educational resources, and building out

  • FINRA said it fined Robinhood $57 million and ordered the stock trading app to pay nearly $13 million in restitution to thousands of clients.
  • “Robinhood has invested heavily in improving platform stability, enhancing our educational resources, and building out

News source :- CNBC

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