Robinhood has agreed to a $45 million settlement with the U.S. Securities and Exchange Commission (SEC) following allegations of violating multiple securities laws.

Robinhood Markets, Inc. (NASDAQ:HOOD) shares are trading slightly higher in the premarket session on Tuesday. The U.S. Securities and Exchange Commission (SEC) announced that Robinhood Securities LLC and Robinhood Financial LLC will pay a combined $45 million in civil penalties to settle a series of regulatory violations. The charges stem from failures related to trading activity reporting, cybersecurity practices, recordkeeping, and customer communication. The SEC’s investigation revealed multi

(Updates with Robinhood's response in the fifth paragraph.) Robinhood Markets' (HOOD) broker-deal

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. In the November 2021 breach, email addresses for about five million Robinhood users were exposed, as were the full names of a different group of about two million users, the Menlo Park, Calif.-based company said at the time.

Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday. Regulators found Robinhood Securities LLC and Robinhood Financial LLC violated numerous requirements such as accurately reporting trading activity; filing timely reports of suspicious activity; maintaining records and complying with short sale rules, said SEC acting director Sanjay Wadhwa in a statement. Robinhood also became among the latest broker-dealers to admit to breaking rules over retaining work-related communications with employees' use of messaging apps and other "off-channel" communication platforms.

(Bloomberg) -- Two units of Robinhood Markets Inc. agreed to pay $45 million in civil penalties to settle a range of US Securities and Exchange Commission allegations, the regulator said Monday. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoRobinhood Securities LLC and Robinhood Financial LLC’s missteps include failing to report suspicious activity on time and not preserving electronic commun

Here's a look at where Robinhood stock stands today and whether it is a potential buy.

Donald Trump Jr. is joining prediction-market startup Kalshi as a strategic adviser, a hire that could help the company expand its betting business. The platform burst into the spotlight during the recent election, when many traders turned to its yes-or-no contracts to wager on whether Kamala Harris or Donald Trump would win the contest. A day before the election, bettors on Kalshi assessed the chances of a Trump victory at about 55%—correctly anticipating the result.

Legendary money managers are facing off in the Robin Hood Foundation's stock-picking contest. Here's who is winning and why.

We recently published a list of Jim Cramer’s Latest Lightning Round: Top 10 Stocks. In this article, we are going to take a look at where Robinhood Markets, Inc. (NASDAQ:HOOD) stands against other top stocks from Jim Cramer’s Latest Lightning Round. Jim Cramer in a recent program on CNBC recommended investors to avoid worrying when […]

Key Insights Given the large stake in the stock by institutions, Robinhood Markets' stock price might be vulnerable to...

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Citi raised the firm’s price target on Robinhood (HOOD) to $45 from $25 and keeps a Neutral rating on the shares as part of a 2025 outlook for the brokers and asset managers. The focus in the brokerage space has shifted from cash balances and rate expectations to “surging retail activity and growth trends after positive equity market tailwinds post-election,” the analyst tells investors in a research note. The firm believes the group has priced in continued growth from here and wants to “continu

ClearBridge Investments, an investment management company, released its “ClearBridge Growth Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. Due to stock-specific weakness in a handful of holdings and a lack of exposure to several of the top-performing, higher-beta growth companies, the strategy underperformed its benchmark the Russell Mid Cap […]

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The latest trading day saw Robinhood Markets, Inc. (HOOD) settling at $40.81, representing a +0.62% change from its previous close.

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Recently, Zacks.com users have been paying close attention to Robinhood Markets (HOOD). This makes it worthwhile to examine what the stock has in store.

BofA Securities analyst Craig Siegenthaler forecasts the major earnings beats for brokers this earnings season, steered by accelerating retail engagement. Siegenthaler also sees broad-based beats for traditional firms, supported by strong markets, foreign exchange, and higher management fees and non-operating income. Here are a few of the most considerable companies, along with the analyst’s insights on them: Virtu Financial, Inc. (NASDAQ:VIRT): The analyst reiterated a Buy rating on the stock,