Home » Robinhood pays $ 70 million to close the investigation into the irregularities

Robinhood pays $ 70 million to close the investigation into the irregularities

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Robinhood has agreed to pay a $ 70 million fine to the American broker supervisory authorities. A fine taken at the end of investigations into his conduct during the frenzy of “meme” securities, the surge in the prices of companies forgotten and brought to the shield by the advent of crowds of small online traders.

The authorities denounced “significant damage” inflicted by the online broker on investors. The agreement was announced by the Financial Industry Regulatory …

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