Jan 13, 2025 · The Securities and Exchange Commission today announced that broker-dealers Robinhood Securities LLC and Robinhood Financial LLC (collectively, Robinhood) have agreed to pay $45 million in combined civil penalties to settle a range of SEC charges arising from their brokerage operations.

1 day ago · Robinhood Securities, LLC is regulated in the U.S. by the SEC and FINRA. U.S. cryptocurrency services are offered through Robinhood Crypto, LLC (NMLS ID: 1702840). EU cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), registered in Lithuania as a virtual ...

8 hours ago · The SEC's decision follows Robinhood’s $45 million settlement in January over separate allegations that it violated more than 10 securities laws. As part of that settlement, Robinhood admitted ...

1 day ago · The SEC’s dismissal of the Robinhood and Coinbase cases is an early sign of the regulatory sea change for the crypto industry promised by President Donald Trump during his election campaign ...

1 day ago · The SEC did not immediately respond to a request for comment. The news about Robinhood comes just days after Coinbase said that the SEC dismissed a case against them, pending commission approval ...

1 day ago · Robinhood in May last year received a so-called "Wells notice", which is issued when the SEC is planning to bring enforcement action against a company, over crypto tokens traded on its platform.

1 day ago · “Robinhood Crypto always has and will always respect federal securities laws and never allowed transactions in securities,” Dan Gallagher, chief legal, compliance and corporate affairs officer at Robinhood Markets, said in a statement. “As we explained to the SEC, any case against Robinhood Crypto would have failed. We appreciate the ...

Dec 17, 2020 · The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to seek the best reasonably available terms to execute customer orders.

22 hours ago · The SEC had not filed a lawsuit against Robinhood, but in May Robinhood said the SEC sent a Wells Notice, which indicated a suit was pending. The crypto industry, particularly exchanges like ...

In the Order, the Commission found that, from 2015 to September 2018, Robinhood violated the federal securities laws by making misstatements regarding: its sources of revenue obtained from certain principal trading firms; the execution quality for its customers’ orders; and its failure to satisfy its duty of best execution.