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Robinhood to pay $70M for false information and trading outages, in largest-ever regulatory fine

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Robinhood to pay $70M for false information and trading outages, in largest-ever regulatory fine

Online trading platform Robinhood will pay roughly $70 million in penalties for its systemwide outages and misleading communication and trading practices, the Financial Industry Regulatory Authority said Wednesday.
The settlement regards the technical failures…

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