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Oregon Joins Multi-State Settlement with Robinhood Financial
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Oregon Joins Multi-State Settlement with Robinhood Financial
The Oregon Division of Financial Regulation (DFR) has announced its participation in a multi-state settlement with Robinhood Financial LLC, one of the nation’s largest online brokerage platforms. The settlement will see Robinhood pay up to $10.2 million in penalties as a result of operational and technical failures that had detrimental effects on investors, including some in Oregon. This collaborative effort stems from an extensive investigation…
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