Tagged: robinhood

November 23, 2021 @ 5:06 pm By JD Alois  |  

Earlier this month Robinhood (NASDAQ:HOOD) revealed that data had been stolen from its trading platform. More specifically, a hacker obtained a list of emails for 5 million individuals, full names for around 2 million people, and personal information, including dates of birth, zip codes, and… Read More

November 19, 2021 @ 11:18 am By Tony Zerucha  |  

A review of the Securities and Exchange Commission’s (SEC) enforcement actions in this fiscal year show a growing threat posed by cryptocurrency and decentralized finance (DeFi) scammers. The year ended Sept. 30. The SEC filed 434 new enforcement actions in FY2021, and that is a… Read More

November 17, 2021 @ 3:01 pm By Tony Zerucha  |  

Neo Financial, a Canadian fintech based in Winnipeg, Man., has made great strides since its founding in the fall of 2019. This week Neo Financial received $1.6 million from the Province of Manitoba’s Industry Expansion Program to train 300 new and 32 existing employees in… Read More

November 8, 2021 @ 4:15 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has revealed a security breach in its platform that apparently took place on November 3, 2021. An attempt at extortion took place following the theft of the information. According to a blog post, an “unauthorized third party obtained access to a limited amount… Read More

October 28, 2021 @ 3:39 pm By JD Alois  |  

Senator Pat Toomey, the ranking member on the Senate Banking Committee, has introduced legislation designed to protect payment for order flow – the legal practice where firms pay to process trades collected by broker-dealers. The practice has garnered scrutiny due to its utilization by Robinhood,… Read More

October 26, 2021 @ 5:00 pm By JD Alois  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) announced that it will release its third-quarter 2021 financial results on Tuesday, October 26, 2021. An earnings conference call will be held at 2:00 PM PT/5:00 PM ET on the same day. A live webcast of the call and supporting… Read More

September 22, 2021 @ 11:37 am By JD Alois  |  

Amongst all of the criticism emanating from certain policymakers regarding payment for order flow and gamification, Robinhood (NASDAQ:HOOD) continues to iterate and add new features for its growing legion of investors. Today, as has been widely rumored, Robinhood will soon offer crypto wallets to provide… Read More

September 8, 2021 @ 10:51 am By JD Alois  |  

The Securities and Exchange Commission (SEC) Investor Advisory Committee is scheduled to hold a meeting tomorrow (September 9th). The topics of discussion include two panels: “Reimagining Investor Protection in a Digital World: the Behavioral Design of Online Trading Platforms;” A discussion regarding competition and regulatory… Read More

August 30, 2021 @ 9:14 am By JD Alois  |  

Robinhood (NASDAQ:HOOD), a Fintech that became a public company last month, has distributed a note indicating that underwriters have exercised a portion of the share over-allotment. The customary practice allows underwriters to purchase more shares at the IPO price. Robinhood states that our of the… Read More

August 21, 2021 @ 6:32 pm By Omar Faridi  |  

The team at Blockstream, a Bitcoin-focused firm, has released its Markets Weekly Report, dated  August 20, 2021. As noted in the report from Blockstream, Bitcoin is currently on pace “to finish on the top end of this week’s range for the fifth weekly win in… Read More

August 11, 2021 @ 7:35 pm By Priyanka Pani  |  

Retail investing and trading service app Robinhood (NASDAQ:HOOD) said it would acquire Say Technologies for $140 million in an all-cash deal. Founded in 2017 by Alex Lebow, Jeff Cruttenden, Julio Fredes,  Noah Kerner, and Zachary Hascoe, Say Technologies is a technology platform that empowers shareholders… Read More

August 5, 2021 @ 4:20 pm By JD Alois  |  

It has been a volatile week in trading for shares in Robinhood (NASDAQ”HOOD). Following a tepid initial public offering, last week that saw shares drop below its IPO price of $38, shares in Robinhood rocketed higher – at one point trading above $80 a share. Today,… Read More

August 4, 2021 @ 10:12 am By JD Alois  |  

Robinhood (NASDAQ:HOOD), recently listed on the Nasdaq, is getting some investor love as shares have jumped dramatically following a tepid initial public offering (IPO). Robinhood floated its shares on the Nasdaq at $38/share but soon sank below the IPO price. This week, it has been… Read More

August 2, 2021 @ 9:17 am By JD Alois  |  

Robinhood’s initial public offering (IPO) hit the Nasdaq last week with a bit of a thud. Shares were priced at $38 but have traded several dollars lower. As part of the public offering, Robinhood enabled a good chunk of its shares available to its customers…. Read More

July 29, 2021 @ 5:07 pm By JD Alois  |  

In one of the most anticipated Fintech initial public offerings (IPOs) of the year, Robinhood debuted on the Nasdaq today under the ticker “HOOD” in an offering priced at $38 a share. The share price came in at the low-end of the anticipated range. During… Read More

July 28, 2021 @ 9:33 pm By JD Alois  |  

Robinhood has priced its initial public offering (IPO) of 55,000,000 shares of its Class A common stock at $38.00 per share. It was previously reported that Robinhood would float its shares at up to $42 each. Robinhood said a registration statement was declared effective by… Read More

July 19, 2021 @ 2:46 pm By JD Alois  |  

Robinhood’s initial public offering (IPO) is nearing as it fine-tunes its registration statement for the Securities and Exchange Commission. As was reported earlier today, more details on the IPO were shared in an updated S-1 posted today. Robinhood is expected to float its shares on… Read More

July 19, 2021 @ 9:38 am By JD Alois  |  

Robinhood, a fast-growing digital trading platform for both traditional securities as well as crypto, has filed an updated S-1 with the Securities and Exchange Commission (SEC) in advance of its forthcoming initial public offering (IPO). According to the document, Robinhood aims to raise up to… Read More

July 1, 2021 @ 2:11 pm By JD Alois  |  

As has been long anticipated, Robinhood Markets, Inc. has publicly filed a Form S-1 with the Securities and Exchange Commission (SEC) in pursuit of an initial public offering (IPO). Robinhood expects to float its shares on the Nasdaq under the ticker symbol HOOD. Robinhood is… Read More

June 30, 2021 @ 11:40 am By JD Alois  |  

FINRA has ordered Robinhood to pay a record-breaking $70 million penalty for “systemic supervisory failures and significant harm suffered by millions of customers.” In settling with FINRA, Robinhood neither admitted nor denied the charges, but consented to the entry of FINRA’s findings. FINRA said in… Read More