Robinhood settles for only $29.75m to end host of US regulator’s probes, including Gamestop trading stop
ROBINHOOD Markets, the online trading platform, agreed to pay US$29.75 million to resolve several Financial Industry Regulatory Authority (Finra) probes into its supervision and compliance practices, including failure to respond to “red flags” of potential misconduct. The brokerage regulator said on Friday (Mar 7) that Robinhood will pay a US$26 million civil fine and US$3.75 Read more about Robinhood settles for only $29.75m to end host of US regulator’s probes, including Gamestop trading stop[…]