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SEC Fines Robinhood $65M For 'Misleading' Customers

By Al Barbarino (December 17, 2020, 11:20 AM EST) -- Robinhood Financial LLC agreed to pay a $65 million fine Thursday to resolve allegations from the U.S. Securities and Exchange Commission that the trading platform failed to disclose an order routing arrangement that hindered its ability to get the best pricing for customers and led to millions of dollars in losses....

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