Archive: https://archive.today/H9YEe
From the post:
>Two brokerage units of Robinhood Markets agreed to pay $45 million to settle an investigation by the Securities and Exchange Commission into a range of alleged violations, including one stemming from a 2021 data breach that exposed millions of customer names and emails. The settlement is the latest in a string of big penalties paid by Robinhood as it has grown from a disruptive startup into a more established financial firm. Founded in 2013, the company pioneered the practice of zero-commission trading and drew millions of predominantly young customers to its innovative trading app, while repeatedly coming under scrutiny from regulators.
Archive: https://archive.today/H9YEe
From the post:
>>Two brokerage units of Robinhood Markets agreed to pay $45 million to settle an investigation by the Securities and Exchange Commission into a range of alleged violations, including one stemming from a 2021 data breach that exposed millions of customer names and emails.
The settlement is the latest in a string of big penalties paid by Robinhood as it has grown from a disruptive startup into a more established financial firm. Founded in 2013, the company pioneered the practice of zero-commission trading and drew millions of predominantly young customers to its innovative trading app, while repeatedly coming under scrutiny from regulators.
(post is archived)