06.02.21
Robinhood Judge Won’t Block Massachusetts Fiduciary Rule
by: Janelle Lawrence
Robinhood Markets has failed to immediately stop Massachusetts securities regulators from enforcing a new rule that holds brokers accountable to a fiduciary standard of care. Superior Court Judge Kenneth Salinger denied its request for an injunction against the state rule but invited further argument from the brokerage.
Read the full article on Bloomberg.