SEC: Robinhood payment for order flow securities case
Regulator
US Securities and Exchange Commission
acted against
Against
The SEC found Robinhood misled customers about payment for order flow and failed to seek best execution.
The case
- Regulator
- US Securities and Exchange Commission
- Decided
- Dec 17, 2020
- Status
- Settled
- Outcome
- Robinhood paid $65 million.
- Amount
- $65 million
History
1 dated entrySEC: Robinhood payment for order flowSource