Maryland joins in $10 million settlement with Robinhood for failing investors

BALTIMORE, MD—Maryland Attorney General Anthony G. Brown’s Securities Division has announced that it has joined a multistate settlement with Robinhood Financial LLC, which will pay up to $10.2 million in penalties for operational and technical failures that harmed Main Street investors. The settlement stems from an investigation regarding Robinhood’s failures concerning the retail market. The investigation was spearheaded by state […]