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Robinhood Fined $29.75M for Ignoring Red Flags & Violations
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Robinhood Fined $29.75M for Ignoring Red Flags & Violations

Robinhood, an online trading platform, has agreed to pay $29.75 million to settle FINRA investigations. The penalties originated from three instances of violation associated with compliance, supervision, and Anti Money Laundering (AML) practices. Settlement Details and Allegations FINRA announced on March 7 that Robinhood would pay a $26 million civil fine and $3.75 million in […]

· 3 Min