Tradenet Capital Markets Ltd has been charged by the Securities and Exchange Commission with offering and selling security-based swaps to over 5,000 retail investors without registration and for failing to transact its swaps on a registered national exchange. The SEC’s order says that from November 2017 to June 2020,...

The United States Securities & Exchange Commission is investigating Robinhood Markets over its sale of its clients' stock market orders to high-frequency traders, according to the Wall Street Journal. Sometime in 2018, the company changed its website to more clearly explain...

Late last year, the Securities and Exchange Commission (“SEC”) penalized a public company for violating U.S. economic sanctions. The violation cited the “books and records” and “internal controls” provisions of the Securities Exchange Act of 1934 (the “Exchange Act”). On September 26, 2019, the SEC issued an Order instituting...

Robinhood Markets Inc. is under investigation by the Securities & Exchange Commission for failing to disclose its practice of selling clients’ orders to high-speed trading firms, according to Bloomberg News, quoting sources. Prior reports of SEC filings supported the reports of high-frequency trading firms paying Robinhood 10 times as much as they pay to...

Two Wall street investment advisers that were analyzing the financial documents of a Texas medical device company Orthofix International, noticed some inconsistencies in those reports. They decided to look more closely, all based upon the publicly available submissions to the Securities & Exchange Commission, and they did some statistical modeling to help. The concluded...