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The Regulatory and Legal Risks Facing Online Broker Robinhood

July 2, 2021

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Robinhood Markets Inc, the online brokerage at the center of this year’s retail trading frenzy, disclosed on Thursday previously unreported regulatory risks in its long-awaited initial public offering filing.

Amid an increasingly hostile climate in Democrat-led Washington, Robinhood’s growing regulatory attention could be a turn off for some potential investors.

Aside from fines, Robinhood noted that government probes could result in business restrictions, increased compliance controls, changes to products and services and brand damage.

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