REUTERS EXCLUSIVE Massachusetts’ top securities regulator has begun an investigation into trading platform Robinhood’s decision to launch a prediction-markets hub that allows users to bet on the outcomes of a range of events, including March Madness college basketball tournaments. Massachusetts …
Robinhood said on Monday the U.S. Securities and Exchange Commission had closed its probe into the firm’s crypto trading arm with no action, signaling further regulatory changes in the crypto industry since President Donald Trump took office. The retail trading …
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. Regulators found Robinhood Securities LLC and Robinhood …
A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said. The civil settlement with Robinhood Crypto …
The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets. Robinhood, which is …
Online brokerage Robinhood on Thursday agreed to pay a $7.5 million fine and overhaul its practices to resolve allegations by Massachusetts’ securities regulators that it encouraged inexperienced investors to place risky trades. Massachusetts Secretary of State Bill Galvin filed an …
Massachusetts’ highest court on Wednesday will consider whether to revive a state fiduciary duty rule that was central to an enforcement action securities regulators filed against the online brokerage Robinhood. A subsidiary of Robinhood Markets Inc. and Massachusetts Secretary of …
Robinhood Crypto will pay a $30 million penalty to New York State for “significant failures” in its anti-money laundering obligations and cybersecurity compliance, according to the state’s financial services regulator. According to Superintendent of Financial Services Adrienne A. Harris, the …
A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action against online brokerage Robinhood by declaring the state’s new fiduciary duty rule that underlies parts of the case invalid. Suffolk County Superior Court Judge …
The stock trading platform Robinhood Markets reported that it experienced a data breach on Nov. 3 that could potentially affect the email addresses of about five million customers and personal data of others. The hackers demanded an extortion payment. Robinhood …
