Robinhood to Settle SEC Charges of ‘Broad Array' of Violations
The Securities and Exchange Commission (SEC) said Monday (Jan. 13) that two Robinhood broker-dealers have agreed to pay $45 million in combined civil penalties to settle charges that they failed to observe a “broad array” of regulatory requirements. Robinhood Securities agreed to pay a $33.5 million penalty, while Robinhood Financial agreed to pay a $11.
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, reported the Wall Street Journal on Monday.
SEC charges Robinhood with securities violations, brokerage to pay $45 million penalty
The Securities and Exchange Commission said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges. The SEC said Robinhood violated more than 10 separate securities law provisions.
Robinhood to Pay $45 Million SEC Settlement Over Data Breach, Other Violations
Millions of customer names and emails were exposed by a 2021 hack.
Is Robinhood Markets Stock a Buy Now?
Robinhood Markets (HOOD -1.79%) has staged an impressive comeback, with its stock soaring approximately 230% to $40 per share over the past year. Founded just 11 years ago, this online brokerage reshaped the financial landscape by introducing commission-free trading for stocks, ETFs, and options, forcing traditional players to adapt.
All 10 of These Stocks More Than Doubled in 2024. Here Are the 5 I Want to Buy Now Heading Into 2025.
Another great year for the stock market is in the books. The S&P 500 (^GSPC -1.54%), Nasdaq Composite (^IXIC -1.63%), and Dow Jones Industrial Average (^DJI -1.63%) finished the year up 23% , 29% , and 13 %, respectively.
Robinhood Markets: Buy, Sell, or Hold?
Investing in Robinhood Markets (HOOD -1.79%) has been a rollercoaster. The new-age stock brokerage and financial services company began trading at $38 per share in the summer of 2021 but has bounced around, peaking at $70 before falling below $7 just a year later.
Robinhood Markets, Inc. (HOOD) Outperforms Broader Market: What You Need to Know
The latest trading day saw Robinhood Markets, Inc. (HOOD) settling at $40.81, representing a +0.62% change from its previous close.
Robinhood Markets, Inc. (HOOD) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Robinhood Markets (HOOD). This makes it worthwhile to examine what the stock has in store.
Here's how one expert is trading Nvidia, JPMorgan and Robinhood
Kevin Simpson, Capital Wealth Planning founder and CIO, joins 'Closing Bell' to discuss the most recent trades Simpson has made.
Best Momentum Stocks to Buy for January 2nd
HOOD, SE and MAG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 2, 2024.
New Strong Buy Stocks for January 2nd
HOOD, LOMA, PPC, MAG and SE have been added to the Zacks Rank #1 (Strong Buy) List on January 2, 2024.
