SEC: Robinhood payment for order flow securities case
US Securities and Exchange Commission · decided Dec 17, 2020 · Settled
The SEC found Robinhood misled customers about payment for order flow and failed to seek best execution.
The case
- Against
- Robinhood
- Regulator
- US Securities and Exchange Commission
- Decided
- Dec 17, 2020
- Status
- Settled
- Outcome
- Robinhood paid $65 million.
- Amount
- $65 million
History
1 dated entry| Date | Entry | ||
|---|---|---|---|
| Dec 17, 2020 | Decision: SEC: Robinhood payment for order flow | Decision | Link |
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Caption and links
In re Robinhood Financial LLC
Also onQuarterly