SEC charges Robinhood with misleading customers about how it makes money

KEY POINTS The SEC charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver the promised best execution of trades. Robinhood agreed to pay a $65 million civil penalty, without admitting or denying SEC’s findings. The Securities and Exchange Commission on Thursday charged Robinhood with deceiving customers about how the stock trading app makes money and failing to deliver … Continue reading SEC charges Robinhood with misleading customers about how it makes money