FINRA, Robinhood

Robinhood Settles FINRA Probes for $29.75 Million Over Compliance Issues
Robinhood agrees to pay $29.75 million to settle FINRA probes over compliance failures while reporting record profits from crypto trading.
Robinhood Shares Slide After $30 Million Finra Settlement
Shares of Robinhood Markets retreated after the two of its units agreed to pay almost $30 million to resolve claims from the Financial Industry Regulatory Authority. The stock was down 6.6% at $41.50 in premarket trading. Shares had gained 19% year-to-date when the market closed last week.
Robinhood to Pay $30 Million for Regulatory Violations, Finra Says
The regulator said Robinhood had violated “numerous” rules, including failing to respond to red flags for potential misconduct.
Robinhood Settles FINRA Probes for $29.75M in Compliance Case
Robinhood settles FINRA probes with a $29.75M payment over compliance failures, including AML issues, transaction delays, and oversight breaches.
Robinhood to pay $30M to settle US regulator probes
Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices.
FINRA orders Robinhood to pay $3.75M in restitution to customers
FINRA has ordered Robinhood ( HOOD) Financial to pay $3.75M to its customers, and fined Robinhood Financial and Robinhood Securities $26M for violating numerous FINRA rules, including failing to respond to red flags of potential misconduct.
Robinhood to Pay $30 Million to Settle Finra Investigation
Two brokerage units of Robinhood Markets have agreed to pay $30 million to settle an investigation by the Financial Industry Regulatory Authority into a range of violations, some of which date back more than a decade.
Robinhood Fined $29.75M by FINRA Over Compliance Failures
Robinhood Markets (NASDAQ: HOOD) has agreed to pay $29.75 million to settle multiple Financial Industry Regulatory Authority (FINRA) probes into its compliance and supervision practices. The settlement includes a
US Tells Supreme Court Not to Stall FINRA Proceeding
The federal government shot back at a securities broker-dealer facing disciplinary proceedings by the Financial Industry ...
InvestmentNews2d
Finra moves to bar ex-Wells Fargo employee charged with identity theft
Calvin Gray repeatedly impersonated victims who were customers of a number of other banks and financial institutions, ...
Business Wire4d
Report From FINRA Board of Governors Meeting – February 2025
WASHINGTON-- ( BUSINESS WIRE )--FINRA’s Board of Governors met on February 25-26. The agenda included electing a new Board ...
The Bond Buyer3d
FINRA fines Tradeweb Direct $65,000 for violating MSRB rule
FINRA found that Tradeweb had violated an MSRB rule by failing to include the 'NTBC indicator' when reporting certain ...
InvestmentNews6d
UBS on the hook for $92.2 million in damages linked to advisor’s short sales of Tesla
The UBS clients alleged that from September 2019 to July 2020 Burish “recommended an unsuitable and risky strategy of selling ...
Netcapital to Host Planned Reg A Offering by Algernon NeuroScience
Netcapital Inc. (NASDAQ: NCPL, NCPLW), a digital private capital markets ecosystem, today announced that its subsidiary, Netcapital Securities Inc. (“Netcapital Securities”), a FINRA-registered broker ...
JD Supra6d
AI Trends for 2025 - Regulatory Obligations Persist in the Face of Broker-Dealers’ Use of Gen AI
As generative artificial intelligence (Gen AI) tools rapidly evolve in 2025, FINRA member broker-dealers will be presented ...
InvestmentNews6d
Loneliness, risk-taking makes older Americans prime fraud targets, Finra says
Survey offers a fresh glimpse into the vulnerabilities that scammers exploit, and how targeted strategies against financial ...