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Trump’s SEC should be good for Robinhood. The platform’s latest SEC settlement is proof of that.
Robinhood recently announced that it’s agreed to pay $45 million in fines to the U.S. Securities and Exchange Commission. While that may seem like a lot sum to some, it may actually represent a turning of the page for the investing platform.
Robinhood to pay $45M to settle SEC charges
Robinhood Securities will pay $33.5 million and Robinhood Financial will pay $11.5 million to settle a variety of charges, including recordkeeping and cybersecurity 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 $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 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.
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,
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 charges they violated more than 10 separate securities law provisions.
Robinhood to Pay $45 Million to Settle SEC Claims
Two units of Robinhood Markets Inc. agreed to pay $45 million in civil penalties to settle a range of US Securities and Exchange Commission allegations, the regulator said Monday.
Robinhood pays SEC $45 million to settle a range of allegations
The SEC didn’t hold back in detailing Robinhood’s failures. Between 2019 and 2023, the company fell short on several federal compliance requirements.
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Upstart, Robinhood, and Opendoor Are All Spiking on Wednesday -- Here's Why They Could Go Even Higher
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Robinhood Stock Soars After Bullish Analyst Notes, Regulatory Settlement
Shares of the online discount brokerage firm are spiking this week as it diversifies its service offering and looks ahead to ...
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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 ...
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Barclays Issues Positive Forecast for Robinhood Markets (NASDAQ:HOOD) Stock Price
Robinhood Markets (NASDAQ:HOOD – Get Free Report) had its price target increased by research analysts at Barclays from $49.00 ...
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3-Stock Lunch: JPMorgan, Robinhood, & KB Home
Rebecca Walser, president of Walser Wealth Management, joins CNBC's 'Power Lunch' with outlooks on three stocks.
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