Regarding the US "Robin Hood", which is growing rapidly with stock trading services using smartphone apps, the US Securities and Exchange Commission said that it did not provide sufficient information to users, and the company side said that it was in Japanese yen. Announced that it has agreed to pay a sanction of approximately 6.7 billion yen.
According to the Securities and Exchange Commission's announcement on the 17th, Robin Hood did not reveal these facts to users in the past, even though he was getting a commission by passing the user's order to the stock trader. , The information was not provided enough.
The Securities and Exchange Commission was investigating this, but the company agreed to pay a sanction of 65 million dollars and about 6.7 billion yen in Japanese yen.
Robin Hood has been attracting attention because it is possible to trade stocks from a small amount using a smartphone app and there is no fee, and due to the spread of the new coronavirus infection, "Nesting" that refrains from going out has progressed. The number of users was increasing rapidly.
On the other hand, there are criticisms such as "it is easy to trade like a game".
Robin Hood has not officially commented on this announcement, but the Securities and Exchange Commission said, "Many companies continue to develop technology every day so that they can offer a variety of investment methods, but all these innovations are legal. It should be under. "