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.