NEW YORK, Jan 13 (Reuters) - Online trading firm

Robinhood Markets ( HOOD ) has agreed to pay $45 million to

settle U.S. Securities and Exchange Commission charges over

record keeping, trade reporting and other rule violations, the

regulator said on Monday.

Regulators found two Robinhood firms failed to comply with a

broad array of requirements including accurately reporting

trading activity, filing timely reports of suspicious activity,

maintaining records on work communications and complying with

short sale rules, said SEC acting director Sanjay Wadhwa in a

statement.

A representative for Robinhood said in a statement the firm

is pleased to have resolved the matters.