Another day, another Robinhood penalty. Robinhood Financial and Robinhood Securities were recently ordered by FINRA to pay $26 million in fines and $3.75 million in restitution. The fees? Weak anti-money laundering systems, inadequate supervisory supervision, and false statements regarding their alleged “collaring” of customer market orders comprise this best hits compilation of compliance errors.The irony […]

Markets continue to operate even while Washington is closed. However, the SEC becomes sluggish. IPOs stop as a result. The window for raising financing quickly closes for companies that are waiting to go public.The PositiveSqueezing supply might increase demand. Deals that do price may become more alluring if there are fewer initial public offerings (IPOs)

Going Independent? Start with a Solid Legal and Compliance Foundation Legal and regulatory issues are frequently at the top of the list of worries for financial professionals who want to leave the industry and launch their own independent business, and with good cause. Building a practice that is both legally sound and complying with regulations