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.

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Robinhood to pay $45M to settle SEC charges

The settlement covers violations across more than 10 different securities laws.

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Trump’s SEC should be good for Robinhood. The platform’s latest SEC settlement is proof of that.

Robinhood was hit with $45 million in fresh fines from the Securities and Exchange Commission on Monday, the latest reprimand that the crypto-favorite brokerage has received from regulators.
The violations laid out by the S.E.C. stretched from 2019 to 2023 and included a failure to protect…

BizToc

Robinhood to Pay $45 Million Fine to Settle SEC Charges

The anti-Israel nonprofit would have been on the hook for $1,016,451 if it was found to have fraudulently sought and received a Paycheck Protection Act Program during the COVID pandemic.

Jewish Press

Jewish Voice for Peace Agrees to Pay $677,634 to Settle Charges it Sought Loan Illegally

Robinhood reached a $45 million settlement with the SEC over multiple securities law violations.

CryptoPanic

Robinhood Settles SEC Investigation for $45 Million

Online brokerage giant Robinhood has settled with the SEC for $45 million after violating numerous securities laws, casting a shadow over its regulatory practices. The settlement highlights significant compliance failures, […]

coinstats.app

CoinStats - Robinhood Settles SEC Violations for $45 Mill...

Popular trading platform Robinhood has agreed to pay a $45 million penalty to settle allegations of securities violations. The penalty was imposed by the Financial Industry Regulatory Authority (FINRA) due to the company’s failure to ensure the best execution of customer orders. FINRA found that Robinhood did not provide the necessary oversight in routing customer orders for execution and did not execute such orders at the best price. This resul…

Crypto Breaking News

Robinhood Agrees to Pay $45 Million in Civil Penalties to Resolve SEC Charges

Robinhood, the popular online brokerage platform, has agreed to pay a $45 million settlement to the US Securities and Exchange Commission (SEC) following allegations of violating over ten securities law provisions. The settlement affects Robinhood’s broker-dealer subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC, according to a 13 January 2025  press release from the SEC. Per the statement, the SEC’s investigation found that the…

99 Bitcoins

Robinhood Settles With SEC For $45M Over Securities Law Violations

The post Robinhood To Pay $45M To Settle US SEC’ Securities Charges appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) charged the American commission-free trading platform Robinhood Markets Inc for violating Federal securities provisions. The markets regulator specifically charged two of the exchange’s affiliated broker-dealers. The Robinhood and US SEC Settlement The US SEC publication announcing the charges n…

Bitcoin Ethereum News

Robinhood To Pay $45M To Settle US SEC' Securities Charges

Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with […] © 2024 TechCrunch. All rights reserved. For personal use only.

blkalerts.com

BLK ALERTS - Robinhood agrees to pay $45M in SEC settlement

Robinhood agrees to pay $45 million in civil penalties for SEC violations. Violations span cybersecurity, identity theft, and recordkeeping failures. Settlement includes internal audits and remediation commitments. Robinhood, the popular trading platform, has agreed to pay $45 million in civil penalties to resolve a series of charges brought by the U.S. Securities and Exchange Commission (SEC). The penalties relate to alleged securities laws vio…

Robinhood to pay $45M to settle SEC charges

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