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Robinhood paying $29.75 million to end US regulator's probes
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Robinhood paying $29.75 million to end US regulator's probes
Mar 7, 2025 1:39 PM

March 7 (Reuters) - Robinhood Markets ( HOOD ), the

online trading platform, agreed to pay $29.75 million to resolve

several Financial Industry Regulatory Authority probes into its

supervision and compliance practices, including failing to

respond to red flags of potential misconduct, the brokerage

regulator said on Friday.

The settlement includes a $26 million civil fine and $3.75

million of restitution to customers.

(Reporting by Jonathan Stempel in New York)

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