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In Potential Turning Point, Massachusetts Court Upholds Fiduciary Duty Rule for Brokers/Dealers | Harris Beach PLLC

A decision from a Massachusetts court in a case involving Robinhood, the online trading platform, could mark a turning point in how states regulate broker/dealers around the country..

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Court upholds fiduciary rule for Robinhood, other brokers

Court upholds fiduciary rule for Robinhood, other brokers
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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Massachusetts' highest court hands a win to state-level securities regulation in Robinhood case

Secretary of the Commonwealth William Galvin in 2020 filed a complaint against Robinhood complaining of the platform’s gamification of trading by advising customers “without considering whether those recommendations were in each customer's best interest."

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