Regulatory Alerts2026-05-22
Added · Updated
Florida Office of Financial Regulation Final Order Regarding Robinhood Money, LLC
The Florida Office of Financial Regulation issued a Final Order approving a Stipulation and Consent Agreement with Robinhood Money, LLC to resolve compliance violations. The settlement addresses the respondent's failure to timely report the opening of three bank accounts and the addition of a control person, both in violation of Florida Statutes. As part of the resolution, Robinhood Money agreed to pay a $4,500 administrative fine and commit to future compliance with money transmitter regulations.
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