Robinhood Markets Inc. has added four more lawyers to its expanding in-house legal and compliance team as the company copes with increased regulatory scrutiny.
The Menlo Park, Calif.-based stock trading startup agreed this month to pay $65 million in a settlement with the Securities and Exchange Commission. The regulator had been investigating Robinhood for selling information about customer orders to high-frequency traders between 2015 and 2018.
Among Robinhood’s latest recruits is Erica Crosland, until this month a securities litigation and enforcement counsel at WilmerHale in Washington. Crosland, now a principal counsel for litigation and investigations at Robinhood, didn’t respond ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.