Mississippi Joins Multistate Securities Settlement with Robinhood Financial LLC
Jackson, Miss – Mississippi Secretary of State Michael Watson announced the agency's Securities Division has joined a multi-state settlement with Robinhood Financial LLC, which will pay up to $10.2 million in penalties for operational and technical failures.
"Through diligent work, our Securities Division continues to protect the hard-earned money of Mississippi investors. Financial service firms will be held responsible for lack of responsibility and customer care when operating in our state," said Secretary Michael Watson.