Robinhood just got fined $1.25 million by its regulator for how it executed trades — and it highlights the issues that can arise with payment for order flow

Business Insider

Published

· *Trading platform Robinhood was hit with a $1.25 million fine by the Financial Industry Regulatory Authority on Thursday after the agency charged the brokerage with not following "best execution" practices.*
· *The regulator found Robinhood routed non-directed stock orders to four broker-dealers that then paid it for the...

Full Article