Tag: brokerage

30 Jun, 2021

Robinhood reaches settlement with FINRA

Robinhood agreed to a $70 million settlement which includes $57 million in fines and almost $13 million in compensation to customers. Finra alleged a series of failings by Robinhood, which agreed to a $57 million fine and $12.6 million in compensation for harmed investors. Many allegations involved problems with technology that automated the opening of […]