James Ledbetter's FIN

Share this post

Regulators Slap Robinhood's Wrists, Again

fintechlatest.substack.com

Regulators Slap Robinhood's Wrists, Again

James Ledbetter
Aug 2, 2022
∙ Paid
Share this post

Regulators Slap Robinhood's Wrists, Again

fintechlatest.substack.com
Share

This post was originally published on Observer.com.

On Tuesday, New York State’s Department of Financial Services announced that Robinhood will pay a $30 million fine for the failure of its crypto trading division to follow various state rules around money laundering and cybersecurity.

Keep reading with a 7-day free trial

Subscribe to

James Ledbetter's FIN
to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 James Ledbetter
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing