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 Robinhood Securities LLC and Robinhood

Financial LLC violated numerous requirements such as accurately

reporting trading activity; filing timely reports of suspicious

activity; maintaining records and complying with short sale

rules, said SEC acting director Sanjay Wadhwa in a statement.

Robinhood also became among the latest broker-dealers to

admit to breaking rules over retaining work-related

communications with employees' use of messaging apps and other

"off-channel" communication platforms.

The firm admitted to those failures as well as deficient

trading data, known as blue sheets. Robinhood also failed to

adequately address cybersecurity risks, regulators found.

Robinhood General Counsel Lucas Moskowitz said the firm is

pleased to have resolved the matters.

"We are well-positioned to continue leading the industry

in developing the innovative products and services our customers

want and need," he said in a statement. "We look forward to

working with the SEC under a new administration."