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CEO Tenev's phone records were recently demanded by US prosecutors, states Robinhood

Shortpedia

Content Team
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Robinhood Markets Inc., which has been plagued by penalties and regulatory scrutiny, has revealed numerous fresh inquiries from state and federal watchdogs. The US authorities allegedly sought access to CEO Vlad Tenev's phone, New York is currently threatening to fine the brokerage for suspected money-laundering violations, and brokerage regulators have chastised it for failing to record deals.