Robinhood Financial LLC, a Silicon Valley brokerage company founded by two Stanford University grads, Vladimir Tenev and Baiju Bhatt, will pay $65 million to settle charges that it misled its investors by making “material misrepresentations and omissions,” according to a cease-and-desist order from the U.S. Securities and Exchange Commission (SEC). Robinhood Financial “provides online and… Read More >>
Eze Software Debuts Commission Offering, Signs Brazilian Firm
Investment software and systems provider Eze Software Group has enhanced its commission management offering with the web-based tool, Broker Review, which is intended to help buy-side firms efficiently evaluate their brokers, officials say. The Broker Review is a redesign of the broker evaluation tools previously available via separate products within Eze Software’s commission management offering,… Read More >>