Robinhood Markets (HOOD) has released an update to notify the public and investors about a regulation fd disclosure.
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Robinhood Markets, Inc. has released its 606-Reports for the fourth quarter of 2023, detailing the order routing practices of its broker-dealer subsidiaries, Robinhood Financial LLC and Robinhood Securities, LLC. The reports, which are unaudited and provided without commentary, comply with SEC Rule 606(a) and include information on certain payment for order flow received. These documents are meant to be considered alongside Robinhood’s other financial disclosures and are part of the company’s commitment to transparency as outlined in its Investor Relations and Newsroom web pages.
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For a comprehensive understanding of the announcement, you can read the full document here.
