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 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 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 To Pay $45 Million To Settle SEC Claims
Two Robinhood units failed to report suspicious activity and preserve communications records, the agency said.
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 settles SEC charges with $45M payment over regulatory violations
Online trading firm Robinhood Markets has agreed to pay $45 million to settle charges from the US Securities and Exchange Commission (SEC) stemming from a series of regulatory violations concerning recordkeeping,
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 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.
SEC Fines Robinhood $45 Million in Settlement of Securities Law Infractions
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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 ...
Why Robinhood Stock Was Moving Higher Today
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