Robinhood 'failed to disclose' certain trade executions to public feed

Robinhood 'failed to disclose' certain trade executions to public feed

The Edge Markets - World·2021-04-08 15:16

NEW YORK (April 8): Retail brokerage Robinhood Financial did not report a certain type of stock trade it executed for customers last year to a public data feed, according to regulatory data analyzed by Reuters and a source familiar with the matter. So-called fractional shares are offered by many brokerages. They let investors buy a slice of a share instead of the whole thing, so rather than forking out more than $3,000 on a share of Amazon.com Inc, an investor can buy as little as $1 worth.

……

Read full article on The Edge Markets - World

America Business Stocks

Comments

Leave a comment in Nestia App