Robinhood to pay $70 million for outages and misleading customers, the largest-ever FINRA penalty
FINRA said it fined Robinhood $57 million and ordered the stock trading app to pay nearly $13 million in restitution to thousands of clients.
FINRA said it fined Robinhood $57 million and ordered the stock trading app to pay nearly $13 million in restitution to thousands of clients.
Consumer prices were up 5% in May. Before you open your wallet, reassess your finances and have a spending plan.
"Hamilton" received a $30 million grant from the government's program for shuttered businesses and could receive up to $20 million more.
The New York Times | Shira Ovide | Jun 28, 2021 Bringing the rest of the world online requires a million different tactics, and Facebook is on it. Technology alone, even if it’s cool and backed by billionaires like Jeff Bezos and Elon Musk, isn’t sufficient to bring online the roughly 3.5 billion people worldwide
How much of your money should be invested in cryptocurrencies? Financial advisors are increasingly trying to figure that out.
Two members of Congress have reintroduced a bill calling for stricter regulation of tax preparers. Here's what you should look for when hiring a professional.
Millions of families will start getting monthly payments through the enhanced child tax credit in July. Some may have to pay it back next year.
Cointelegraph | Desiree Smith | Jun 24, 2021 An exploration into the country’s crypto landscape today and what it means for the future of the digital asset industry in Canada. Digital currencies are quickly becoming more mainstream within the Canadian financial landscape. Alongside this increased adoption, Canada has been relatively successful at creating a stable
Financial Health Network | Jun 24, 2021 While technology-driven financial products, services, and institutions have the potential to benefit consumers, they can also pose new risks due to the increased availability of financial data. To better understand the consumer perspective on the use of financial data, the Financial Health Network fielded a nationally representative survey.
The IRS has a backlog of roughly 35 million tax returns from the 2021 season, many of which may be owed refunds, according to a government watchdog.
McKinsey Global Institute | Jun 24, 2021 Economies that embrace data sharing for finance could see GDP gains of between 1 and 5 percent by 2030, with benefits flowing to consumers and financial institutions. As countries around the world look to ensure rapid recovery once the COVID-19 crisis abates, improved financial services are emerging as
Brookings Institution and the Initiative on Global Markets at the Chicago Booth School of Business | Jun 29, 2021 For the past year and a half, the Task Force on Financial Stability has been identifying gaps in the financial regulatory architecture and other features of the financial system that make it insufficiently resilient to adverse developments. Co-sponsored by
Cathie Wood's Ark Invest is working with 21Shares to create a bitcoin exchange-traded fund.
The move will help JPMorgan's financial advisors customize clients' investments in ESG, the category that includes environmental, social and governance factors.
Raconteur | Sally Whittle | Jun 29, 2021 The coronavirus pandemic has halted M&A activity, but it could prove positive for longer-term risk management practices The coronavirus crisis has presented organisations with many challenges around mergers and acquisitions but, in the long term, perhaps the lessons of 2020 could reduce risk in M&A. M&A activity