Robinhood

Robinhood expects $100 million charge in Q3 for legal and regulatory matters

NEW YORK, BRONX (ORDO News) — Robinhood Markets, the popular trading app operator, has announced its anticipation of incurring a $100 million charge in the third quarter of this year. This charge is intended to address certain legal and regulatory issues that have previously been disclosed by the company. Robinhood has been no stranger to regulatory challenges in recent times. It gained widespread attention when it found itself at the…