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.
Robinhood to Pay $45 Million SEC Settlement Over Data Breach, Other Violations
Two brokerage units of Robinhood Markets agreed to pay $45 million to settle an investigation by the Securities and Exchange Commission into a range of alleged violations, including one stemming from a 2021 data breach that exposed millions of customer names and emails.
Robinhood to pay biggest fine among more than $100mn imposed by SEC
Broker agrees $45mn settlement as part of data breach while Blackstone and KKR among those penalised by US regulator
SEC Fines Robinhood $45 Million in Settlement of Securities Law Infractions
Robinhood has agreed to a $45 million settlement with the U.S. Securities and Exchange Commission (SEC) following allegations of violating multiple securities laws.
Robinhood to pay $45 mln to settle SEC charges over recordkeeping, other violations
Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday.
Robinhood agrees to pay $45M in SEC settlement
Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations,
Robinhood To Pay $45 Million To Settle SEC Claims
Two Robinhood units failed to report suspicious activity and preserve communications records, the agency said.
Robinhood to Pay $45 Million in SEC Settlement Over Regulatory Failures
Robinhood fined $45 million for SEC violations involving trading and compliance failures. Learn about the settlement and key issues.
Robinhood to pay $45M to resolve range of SEC claims
The Securities and Exchange Commission announced that broker-dealers Robinhood (HOOD) Securities LLC and Robinhood Financial LLC have agreed to
SEC charges Robinhood with securities violations, brokerage to pay $45 million penalty
The Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more than 10 separate securities law provisions related to their brokerage operations.
Robinhood Is Fined $45 Million Over a New Set of Securities Violations
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.
Financial Advisor IQ1d
SEC Lobs Fines at Robinhood, Schwab, Others
In addition, the SEC alleges that Robinhood Securities also failed to provide accurate blue sheet data for more than five ...
The Financial1d
Two Robinhood Broker-Dealers to Pay $45 Million in Combined Penalties for Violating More Than 10 Separate Securities Law Provisions
The Securities and Exchange Commission today announced that broker-dealers Robinhood Securities LLC and Robinhood Financial ...
Robinhood price target raised to $60 from $53 at JMP Securities
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 ...
Why Robinhood Is Seeking Merry Traders Overseas
But if Britain isn’t a nation of active stock punters, nor is it a place that allows brokers like Robinhood to take payments ...