> Robinhood to pay $65 mln fine to settle SEC charges of misleading customers
> The SEC charged the company with failing to inform customers about payments it received from trading firms to route customer orders through them, a move that resulted in customers paying higher prices to execute trades.
> Robinhood customers' orders were executed at prices that were inferior to other brokers' prices," the SEC found.
> The SEC charged the company with failing to inform customers about payments it received from trading firms to route customer orders through them, a move that resulted in customers paying higher prices to execute trades.
> Robinhood customers' orders were executed at prices that were inferior to other brokers' prices," the SEC found.
https://www.reuters.com/business/finance/robinhood-pay-65-ml...