Month: March 2025

On March 7, 2025, FINRA issued a news release announcing that it had ordered Robinhood Financial to pay $3.75 million to its customers and that it had assessed fines in the amount of $26 million against the firm and its affiliates for violation of numerous FINRA...

On March 6, 2025, FINRA issued an “investor insight,” discussing the emergence of “smishing” scams, a type of cybersecurity fraud that is perpetrated through fraudulent text messages. The term “smishing” is from the combination of “SMS” (short message service, i.e.,...