The Wall Street Journal

Robinhood faces U.S SEC probe over deals with high-speed trading firms

The California based financial services company, Robinhood Markets Inc faces a civil fraud investigation by the U.S Securities and Exchange Commission over its deals with high-speed trading firms, according to a report in the Wall Street Street Journal. Robinhood allegedly failed to fully disclose its practice of selling clients’ orders to high-speed trading firms, the report said. Upstart brokerage Robinhood faces a civil fraud probe by the SEC over a failure to fully disclose its practice of selling clients’ orders to high-speed trading firms https://t.co/jHacq0DbWm— The Wall Street Journal (@WSJ) September