Article 5BSAP Robinhood Will Pay $65 Million to Settle SEC Claim That It Duped Investors

Robinhood Will Pay $65 Million to Settle SEC Claim That It Duped Investors

by
Rhett Jones
from Gizmodo on (#5BSAP)
y60vws7ghh012g4n2927.jpg

The bloom is off the rose for Robinhood's self-styled image as a champion of the little guy. The stock brokerage has agreed to pay a $65 million penalty to settle Securities and Exchange Commission charges that it misled customers with its claims of being a commission-free method of trading stocks. The state of...

Read more...

External Content
Source RSS or Atom Feed
Feed Location http://gizmodo.com/rss
Feed Title Gizmodo
Feed Link https://gizmodo.com/
Reply 0 comments