Financial Brokers

Kalshi, an Online Prediction Market, Will Open Up to Brokerages

David Bale6 days ago07 mins

Online prediction markets soared in popularity last year in the run-up to the United States elections — and then claimed vindication when they appeared to reflect Donald J. Trump’s victory faster than opinion polls did. Now one of the biggest players in the business, Kalshi, is moving to make its contracts available to more bettors…

Robinhood to Pay Million Fine to Settle SEC Charges

Robinhood to Pay $45 Million Fine to Settle SEC Charges

David Bale3 weeks ago03 mins

Robinhood was hit with $45 million in fresh fines from the Securities and Exchange Commission on Monday, the latest reprimand that the crypto-favorite brokerage has received from regulators. The violations laid out by the S.E.C. stretched from 2019 to 2023 and included a failure to protect sensitive customer data, employee use of encrypted messaging applications…

Chief Editor

Larry Pali

Kalshi, an Online Prediction Market, Will Open Up to Brokerages

Robinhood to Pay $45 Million Fine to Settle SEC Charges