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Robinhood agrees to pay $65 million to SEC as penalty for duping investors

Robinhood agrees to pay $65 million to SEC as penalty for duping investors

Stock brokerage startup Robinhood agreed to pay a $65 million fine to settle old US Securities and Exchange Commission charges that it duped customers for claiming to be a commission-free service. Robinhood added millions of users to its stock-trading app during the pandemic, which triggered concerns that inexperienced investors are causing irregular market swings while taking on financial risks.

Simone
Simone
R_Forde
R_Forde 1 months

How dare those non elite people invest how they want in the stock market.

ConcealCarryProtect
ConcealCarryProtect 2 months

Man. I am outraged. How will I get back the money I was cheated investing the $14.86 I got from selling the free stock. Lol.

TheMadDane
TheMadDane 2 months

Lulz

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