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Published 2 months ago

Oregon Joins Multi-State Settlement with Robinhood Financial

Summary by Ground News
Robinhood will pay up to $10.2 million in penalties as a result of operational and technical failures. The investigation was prompted by a series of platform outages experienced by Robinhood in March 2020. Robinhood will grant access to a Financial Industry Regulatory Authority (FINRA)-ordered compliance implementation report to the participating states.

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