Massachusetts
Get the latest news and insights on financial regulations, enforcement actions and litigation in Massachusetts.
Robinhood Sues to Kill Fiduciary Rule in Massachusetts
By Melanie WaddellThe state said on Thursday it would seek to revoke Robinhood's license, according to Robinhood.
January 29, 2021
'Roaring Kitty' Who's Pushing GameStop Is a Financial AdvisorThe former MassMutual rep played a key role in driving retail investors to pile into the game retailer's stock.
December 17, 2020
SEC Fines Robinhood $65M for Misleading Investors, Best Execution FailuresThe fine comes a day after Massachusetts regulators charged the brokerage over its marketing practices.
December 16, 2020
Robinhood Slammed for Marketing Tactics, Outages in State Fiduciary Rule CaseThe state also cited Robinhood's high rate of approval of options trading for inexperienced investors. The firm denies the charges.
August 31, 2020
As Mass. Starts Enforcing Fiduciary Rule, Galvin Puts His Game Face On"If challenged, my office is ready to defend this rule to the full extent of the law," Galvin told ThinkAdvisor.