Robinhood fined $70 mln for harming 'millions' via misleading info, outages

Wall Street's industry regulator fined Robinhood Financial LLC $70 million on Wednesday for "systemic" failures, including systems outages, providing "false or misleading" information, and weak options trading controls, saying those factors combined harmed millions of the app's customers.
Read more: https://www.reuters.com/technology/broker-robinhood-pay-70-mln-systemic-supervisory-failures-2021-06-30/?source=Snapzu