Robinhood’s Luster Stained Again With a Record $70 Million Fine
- Finra says the online brokerage misled customers since 2016
- Firm says it has improved its platform and customer support
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Robinhood Markets Inc. unleashed a revolution, marshaling throngs of new traders to financial markets in an upside-down year.
But the free trading app’s breakneck growth hurt the same small-time investors it sought to empower.