Financial Industry Regulatory Authority

Robinhood Markets Inc. (NASDAQ: HOOD) revealed it is currently facing an investigation by the U.S. Securities and Exchange Commission (SEC) regarding its cryptocurrency business. What Happened: According to a regulatory filing released on Monday, the Menlo Park-based brokerage received a...

The New York State Department of Financial Services said on Tuesday fined Robinhood Markets Inc (NASDAQ: HOOD) $30 million for significant anti-money laundering, cybersecurity and customer protection violations. In addition to the penalty, Robinhood’s crypto unit will have to retain...

If you’ve ever wondered what it would take to start a new career as a stock broker, you may have heard of a Series 7 license. A Series 7 license is one of the major types of securities licenses issued by the Financial Industry Regulatory Authority (FINRA). A Series 7 license is also known as...

The Securities Exchange Commission said it has secured a court-ordered freeze on the assets of two former brokers, namely Hugh Brennan III and Douglas Albert Dyer, who have been accused of fraud. Modus Operandi The fraudsters were charged with the crime of cheating 240 investors of more than $5...

It happened again. Careless investors, thinking they were buying shares of Nest Labs, the thermostat company Google (NASDAQ: GOOG) just spent $3.2 billion on, scooped up the penny stock of a bankrupt red-light traffic camera company called Nestor. As a result, Nestor shares jumped 1,900...