Search
Copyright © 2025 ALM Global, LLC. All Rights Reserved.
Credit: Askar/Adobe StockTwo brokerage units of investment firm Robinhood Markets have agreed to pay $45 million in combined civil penalties to settle a range of SEC violations arising from their brokerage operations, including one stemming from a 2021 data breach that exposed millions of customer names and emails.
The violations stem from numerous failures related to trading activity reporting, cybersecurity practices, recordkeeping, filing timely reports of suspicious activity and customer communication, according to SEC acting director Sanjay Wadhwa in a statement.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
White Paper
Sponsored by SwellSpace
AI in Human Resources: A Strategic Path to Enhanced Efficiency and Engagement
It’s no secret, Artificial Intelligence (AI) is a transformational force. And it’s already reshaping HR. Explore the ways AI is revolutionizing HR and practical strategies to make your team more strategic and engaging.
Report
Sponsored by ArmadaCare
A Guide to Transformative Trends Shaping the Employee Benefits Landscape
Are brokers prepared for what’s next? See the 5 hot benefits trends shaping 2025 in this report.
White Paper
Sponsored by SwellSpace
AI isn’t just poised to reshape workflows for benefit brokers - it already is. This paper explores why AI is a force multiplier for benefits advisors, and how it can increase your profits while enabling more personalized outcomes for clients.
Copyright © 2025 ALM Global, LLC. All Rights Reserved.
Sign In
Sign In
