Because the domains show some similarities to the official FINRA domain, it could easily confuse some people. This is especially…
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Robinhood attracts heavy regulatory demands
As a public company Robinhood will now be required to release quarterly financial results. Those will include previously undisclosed information…
Read MoreRobinhood breaks record for largest FINRA penalty with $70 million
One tragic impact of Robinhood’s failures was the suicide of a 20-year-old trader. FINRA noted that the trader had turned…
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Apifiny earns broker-dealer license from FINRA for subsidiary firm
Haohan Xu, CEO of Apifiny, said: As we accelerate our product development, partnerships, hiring, and overall growth toward a public…
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Forex Weekly Look Back: CLS reports an increase in March trading volumes, Lars Gottwik leaves JFD
Robinhood has announced Christine Brown will lead its crypto division as Chief Operating Officer. At her new position, she’ll oversee…
Read MoreFINRA bars former Goldman Sachs research analyst Brian Maguire
The US watchdog found that in April and June last year, Maguire bought shares of two companies in undisclosed accounts…
Read MoreControversy for Robinhood as it fails to report fractional shares trading
The Financial Industry Regulatory Authority has been known to fine brokerages in the past for failing to report such transactions,…
Read MoreUS regulator FINRA warns against fake domain website
The “finnra.org” domain is not connected to FINRA. Firms should delete all emails originating from this domain name. The US…
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Interactive Brokers to pay over $38 million penalty to settle charges with regulators
The CFTC filed charges against Interactive Brokers for failing to supervise its officers’, employees’, and agents’ handling of several commodity…
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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…
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