Tag Archives: Robinhood Financial LLC

Sheriff Cracks Down On Robinhood For Stealing From The Poor and Unsophisticated

July 31, 2021  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News, Margin Account Fraud   |   Comments Off on Sheriff Cracks Down On Robinhood For Stealing From The Poor and Unsophisticated

Robinhood Financial LLC a securities broker dealer headquartered in Menlo Park California has been censured and fined $57,000,000.00 by Financial Industry Regulatory Authority (FINRA) based in part on findings that Robinhood Financial provided customers with misleading and false information about their accounts, authorized margin use in the accounts of customers against their wishes, and failed […]

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