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Massachusetts Regulators To Crack Down On Robinhood

PYMNTS

Robinhood has come under the watchful eye of regulators — this time in Massachusetts. The complaint is from the office of William Galvin, Massachusetts secretary of state. Robinhood has opened up financial markets for a new generation of people who were previously excluded,” the spokeswoman said. “We

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Robinhood May Sell Shares Directly To Users If It IPOs

PYMNTS

16, Massachusetts securities regulators filed a complaint against Robinhood alleging that the company aggressively marketed to inexperienced investors and failed to implement controls to protect them, violating state laws and regulations.

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It’s time to embrace customer data privacy and security

Insights on Business

For most companies, it fuels increases in their share of existing markets, and it’s the key to unlocking new ones. But for companies that don’t master privacy and security, data can be toxic. Ed Markey, a Democrat from Massachusetts. The time to examine your approach to data privacy and security is now.

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Robinhood To Pay $65 Million To Settle SEC Probe

PYMNTS

Securities and Exchange Commission has come to a head — and the stock-trading platform has agreed to pay $65 million to settle claims that it did not do enough to inform customers about its business deals with high-speed trading companies. The complaint was from the office of William Galvin, Massachusetts secretary of state.

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Coinbase Files With SEC For 2021 IPO

PYMNTS

cryptocurrency exchange Coinbase has filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to a report from The Wall Street Journal (WSJ). This makes Coinbase the first major bitcoin company to go for the public markets, WSJ reported. It is the largest crypto exchange in the U.S.

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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

PYMNTS

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

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Robinhood’s Week of Excitement May Finally Reform High Frequency Trading

SWBC's LenderHub

On Wednesday, the state of Massachusetts filed a complaint against the firm. The enforcement arm of the Massachusetts Securities Division said, What’s the matter with you?” - Jimmy Conway “Goodfellas”. It’s been an exciting week for eBroker Robinhood Financial.