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Robinhood pays $65 million to settle SEC probe over misleading communications with customers

While Robinhood marketed its trades as matching or exceeding its peers in quality, the brokerage pr…

Ben Winck   


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Robinhood said it expects to pay a $30 million fine as part of anti-money laundering probe of its crypto business

The $165 million of one-time fines Robinhood has been ordered to pay date represent 32% of the comp…

Matthew Fox   


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Gambling helplines see nearly 50% surge in day trading-related calls as SEC probes 'gamification' of retail brokerages

Robinhood CEO Vlad Tenev has pushed back on gamification concerns: "Investing isn't a game, but mus…

Ethan Wu   


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Robinhood faces SEC investigation over deals with high-speed trading firms, report says

A settlement fine could exceed $10 million, but a deal is unlikely to be announced this month, sour…

Ben Winck   


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Robinhood says it's under new investigation by FINRA days before its IPO

The agency is seeking information related to the fact that Robinhood CEO Vlad Tenev and co-founder …

Emily Graffeo   


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4 mins read

Inside Robinhood's IPO filing

Robinhood's highly anticipated IPO paperwork was published Thursday. From its reliance on crypto to…

Dan DeFrancesco,Jordan Parker Erb   


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Robinhood under investigation by SEC, FINRA for handling of day-long March outage, report says

Robinhood's trading platform was out of service through all of March 2, leaving investors unable to…

Ben Winck   


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The Reddit-fueled GameStop rally is reportedly under federal investigation for possible market manipulation - and Robinhood has been subpoenaed

Authorities are probing whether the army of Reddit traders manipulated the market by spreading fals…

Ben Winck   


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Robinhood pays $65 million SEC fine - Two Sigma's risk-analysis tool shows big uptick - Intuit-Credit Karma deal closes

The top finance stories for December 18, including the latest news on Two Sigma's risk-analysis too…

Dan DeFrancesco   


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Here's the latest timeline of the FTX saga from Sam Bankman-Fried's shady balance sheet and a battle with Binance to pleading not guilty to fraud

Everything to know from the first domino that toppled the crypto empire all the way to the disgrace…

Phil Rosen   


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Alameda ex-CEO Caroline Ellison taps SEC's former top crypto regulator as lawyer in FTX investigation

Stephanie Avakian, the SEC's former enforcement director, led major regulatory cases against compan…

Bethany Biron   


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Citi bumps pay for junior bankers

Citi is bumping the base pay of analyst, associates, and VPs in its investment bank by up to $25,00…

Dan DeFrancesco,Jordan Parker Erb   


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Democrats in Congress will hold at least 2 hearings about Wall Street's practices following the GameStop short-squeeze

Lawmakers from across the aisle have criticized trading platforms like Robinhood for temporarily ha…

Grace Panetta   


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S&P 500 closes at record as investors weigh encouraging labor-market data and stimulus prospects

The S&P 500 closed at a record high on Thursday as jobless claims hit a five-week low and investors…

Emily Graffeo   


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Dow stages 550-point comeback after harsh sell-off as investors remain optimistic on growth

The re-opening trade was in full swing Tuesday with stocks in restaurants, travel, and lodging all …

Emily Graffeo   


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10 things before the opening bell

Goldman Sachs names stock picks with upside, Carl Icahn reveals 5% stake in Southwest Gas, and one …

Phil Rosen   


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10 things you need to know before the opening bell

This is what traders are talking about.

Shalini Nagarajan   


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3 mins read

US stocks dip as surprise jump in jobless claims sparks recovery concerns

Bitcoin wavered around $52,000 after touching a record-high of $52,621.84 late Wednesday afternoon.

Ben Winck   


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10 things in tech you need to know today

Sundar Pichai says tech companies "shouldn't get carried away" fighting coronavirus, and Amazon shu…

Isobel Asher Hamilton   


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US mortgage rates tumble to 15th record low of the year as housing market rallies

Homebuilder sentiments remain optimistic and "purchase demand shows no real signs of waning," Fredd…

Ben Winck