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August 15, 2022
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Robinhood to pay record fine in US over lapses: regulatory body

Robinhood will pay a record $70 million in penalties to settle charges it harmed thousands of consumers through “false and misleading” communications and other lapses, a US regulatory organization announced Wednesday.Robinhood will pay a record $70 million in penalties to settle charges it harmed thousands of consumers through “false and misleading” communications and other lapses, a US regulatory organization announced Wednesday.

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