The Block: Robinhood fined $1.25M for failing to ensure best execution when routing customer orders
San-Francisco-based broker Robinhood has been fined $1.25 million by the Financial Industry Regulatory Authority (FINRA) for failing to ensure the best execution of customer orders when routing them to four broker-dealers. In a press release published on Thursday, the self-regulatory organization FINRA announced that it reached a settlement with Robinhood over the issue, which took […]
The post Robinhood fined $1.25M for failing to ensure best execution when routing customer orders appeared first on The Block.
Additional Info
- Read full article on: The Block
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.