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Raisi and the Continued Export of Revolution to Syria

Raisi and the Continued Export of Revolution to Syria
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FinTech darling Robinhood fined $65M for misleading customers

By Aaron Nicodemus2020-12-17T19:38:00+00:00
Robinhood Financial, which has become a disruptive force in the stock market with a mobile trading app that allows inexperienced investors to buy and sell shares, has agreed to pay $65 million as part of a settlement with the Securities and Exchange Commission (SEC) for misleading customers about how it makes money and for failing to secure the best sale prices.
Launched to the public in 2015, Robinhood allows its estimated nine million customers to buy and sell stocks without charging a per-trade fee that, until very recently, was common practice in the industry. According to the SEC, from 2015 to late 2018, Robinhood earned most of its revenue from payments it received from other trading firms in exchange for submitting customer orders for shares, called “payment for order flow.” ....

United States , Dan Gallagher , Joseph Sansone , Enforcement Division Market Abuse Unit , Execution Committee , Financial Industry Regulatory Authority , Market Abuse Unit , Massachusetts Secretary , ஒன்றுபட்டது மாநிலங்களில் , டான் கல்லாகர் , ஜோசப் சான்சோன் , அமலாக்கம் பிரிவு சந்தை அலகு , மரணதண்டனை குழு , நிதி தொழில் ஒழுங்குமுறை அதிகாரம் , மாசசூசெட்ஸ் செயலாளர் ,