"The fine imposed in this matter, the highest ever levied by FINRA, reflects the scope and seriousness of Robinhood’s violations."
The SEC says the sneaker firm used $408 million in pulled-forward orders to meet revenue estimates for six consecutive quarters.
The CFTC says the exchange misrepresented the volume and liquidity of digital assets including bitcoin on its GDAX cryptocurrency exchange platform.
“This case illustrates a complete failure of leadership at multiple levels within the bank," a prosecutor says.
The SEC says the liquor company misled investors that it was achieving growth in key performance indicators through normal customer demand.
A regulator also fined John Stumpf $17.5 million for failures of leadership that contributed to the bank's fake-accounts scandal.
“The brazen attitude exhibited by Wall Street traders toward public institutional buyers of GSE bonds was shocking,” the lead plaintiff says.
An FTC commissioner says AT&T's unlimited data plan for smartphone customers was a "bait-and-switch scam."
Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.
The company allegedly made more than $5 million in profits and savings from improper wheat futures trading.
The deal is still being opposed by 14 states that claim it will harm "consumers, workers, and innovation."
The maker of the fentanyl spray Subsys "is being held responsible for its role in fueling the opioid epidemic," a prosecutor says.
