December 23, 2019 BY Mariela Naydenova

FINRA fines Robinhood with $1.25m for dubious execution processes

FINRA has recently fined Robinhood with a $1.25 million for execution lapse processes. The California-based unicorn that offers commission-free trading servings to its clients has reportedly violated certain execution processes. What FINRA found out is that the execution price on the app was not updated in the proper way, an act that caused price disruptions…

Read more