Robinhood fined $30M in Finra settlement over AML, trading violations; stock drops (HOOD:NASDAQ)


Trading Platform Robinhood Fined 65 Million By Securities And Exchange Commission

Justin Sullivan/Getty Images News

Robinhood Markets (NASDAQ:HOOD) stock dropped 13% in Monday morning trading as the retail trading app agreed to pay a $29.8M fine ordered by the Financial Industry Regulatory Authority to resolve several alleged violations tied to its clearing technology system



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