Tenn. Commerce & Insurance Dept. Joins Multiple States in $10M Settlement With Robinhood for Failing Investors
April 11, 2023
April 11, 2023
NASHVILLE, Tennessee, April 11 -- The Tennessee Department of Commerce and Insurance issued the following news on April 10, 2023:
The Tennessee Department of Commerce & Insurance's Securities Division ("TDCI") announced today that it has joined a multi-state 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 investiga . . .
The Tennessee Department of Commerce & Insurance's Securities Division ("TDCI") announced today that it has joined a multi-state 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 investiga . . .