Robinhood Financial Settlement

Robinhood Financial Settlement

Thursday, July 6, 2023 - 4:45pm

The NDBF announced it has joined a multi-state settlement with Robinhood Financial LLC, which will pay up to $10.2 million in penalties for operational and technical failures that harmed main street investors. Thanks to states working together, local issues became national settlements and state securities regulators were able to protect investors.

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Robinhood Financial LLC settlement