Robinhood to pay $45 million to settle SEC charges over recordkeeping, other violations
Online trading firm Robinhood has agreed to pay $45 million to settle SEC charges over record keeping, trade reporting and other rule violations.
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.
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.
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 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
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,
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 $45M fine to settle securities law violations by broker-dealers
Robinhood, a disruptive force in the market for Main Street investors but also a serial offender of securities laws, will pay a total of $45 million to settle numerous violations of SEC rules and regulations by two of its broker-dealers.
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.
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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
Shares of Robinhood Markets ( HOOD 5.48%) were gaining today after the company agreed to pay $45 million to settle claims ...
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Robinhood Target of SEC Enforcement Action, $45 Million in Penalties Paid to Settle Charges
The Securities and Exchange Commission (SEC) has assessed $45 million in penalties on neobroker Robinhood Securities LLC and ...