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Robinhood to pay $7.5M to settle Massachusetts charges
'We reject the premise that any part of our app, past or present, is 'gamified,'' a Robinhood spokesperson notes.
Massachusetts, Finra fine Fidelity $1.65 million, alleging lax standards for options trading
Galvin cites Fidelity's “half-hearted and lackadaisical attitude” on approving clients to trade risky securities.
Stifel to pay $3.2 million over former broker’s ‘predatory sales’
The firm allegedly failed to supervise Joseph Crespi, whose trading activity prompted 135 internal alerts over 12 months, according to the office of Massachusetts Secretary of the Commonwealth William Galvin.
Galvin takes swipe at Charles Schwab over unregistered adviser
The Massachusetts Securities Division discovered the alleged illegal activities while investigating a complaint of exploitation of senior citizens.
Massachusetts fines RBC $200,000 over failure to supervise
Regulator charges the firm failed to act on a former broker who was loading customer accounts up with energy sector master limited partnerships.
Ex-insurance agent at heart of alleged $2.5 million fraud
Julie Ann Moskin and Retire Happy received fees for selling dubious securities, according to Massachusetts Secretary of the Commonwealth William Galvin
