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TheBlock 2019-12-19 16:19:10

Robinhood fined $1.25M for failing to ensure best execution when routing customer orders

San-Francisco-based broker Robinhood has been fined $1.25 million by the Financial Industry Regulatory Authority (FINRA) for failing to ensure the best execution of customer orders when routing them to four broker-dealers. In a press release published on Thursday, the self-regulatory organization FINRA announced that it reached a settlement with Robinhood over the issue, which took […]The post Robinhood fined $1.25M for failing to ensure best execution when routing customer orders appeared first on The Block.

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