


“ FINRA Fines Robinhood Financial, LLC $1.25 Million for Best Execution Violations.” “ Robinhood to Pay $70 Million for Outages and Misleading Customers, the Largest-Ever FINRA Penalty.”įinancial Industry Regulatory Authority. “ Brokerage Industry Looks for Alternatives to Payment for Order Flow Amid SEC’s Threatened Crackdown.”ĬNBC.
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“ Robinhood Falls on New SEC Free Trade Proposal.”ĬNBC. “ Our 6 Commitments to You: Your Money Is Protected.” “ Securities Investor Protection Act of 1970.” “ Robinhood Raises $363 Million to Expand Product Lineup.” “ Robinhood Financial, LLC.”įinancial Industry Regulatory Authority. “ What We Do.”īrokerCheck by FINRA (Financial Industry Regulatory Authority). “ A New Way to Invest, for a New Generation.” the companys users access the platform through its popular mobile phone application. “ Robinhood Launches Zero-Fee Stock Trading App.” In July 2021, Robinhood went public on the Nasdaq stock exchange. “ Robinhood Reports Third Quarter 2022 Results.” To add your investment account to Mint, you may have to tell your investment institution its OK for Mint to access your data. For a monthly fee, it can also invest your uninvested funds in a brokerage cash sweep fund offering interest on the funds. It offers commission-free trades and services similar to any other brokerage company.

Robinhood is a financial services company that facilitates individuals to trade cryptocurrencies, exchange-traded funds (ETFs), individual stocks, and options. Robinhood offers additional SIPC coverage of up to $1.5 million for cash and $10 million for securities per brokerage customer after SIPC coverage is exhausted.Investment accounts with Robinhood are covered beyond just standard Securities Investor Protection Corp.Securities and Exchange Commission (SEC) and maintains membership in the Financial Industry Regulatory Authority (FINRA). Despite the simple user interface that demystified trading for many, some investors questioned if the platform was too good to be true.Founded in 2014, Robinhood charges no commissions or account minimums, making it a user-friendly application for a new generation of investors.
