Robinhood Securities LLC and Robinhood Financial LLC will be required to pay a $45 million fine for failure to comply with various rules imposed by the U.S. Securities and Exchange Commission (SEC).

SEC official Sanjay Wadhwa said: “Today’s order finds that two Robinhood firms failed to comply with a broad range of significant regulatory requirements, including failing to accurately report trading activity, comply with short-selling rules, file suspicious activity reports on a timely basis, maintain books and records, and protect customer information.”

The investigation includes charges of providing suspicious data since 2019, exposing customer data to hackers, violating regulations on “maintaining electronic communications and protecting operational data,” among others.

Both brokers admitted to the SEC’s allegations and have agreed to “conduct internal audits and remediation plans to address these issues.” In this regard, Robinhood Securities will pay a fine of $33.5 million and Robinhood Financial will pay $11.5 million.

M.Pino

Source: beincrypto

(Reference image source: Bermix Studio on Unsplash)

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Hunter Biden, son of the current President of the United States, Joe Biden, pleaded guilty to the crime of tax evasion in federal court in Los Angeles.

It is important to clarify that he is accused of nine charges in a tax criminal case that began in December 2023.

About Hunter Biden, there is an investigation by the Department of Justice into his taxes, and he is accused of “evading at least 1.4 million US dollars in tax payments.”

Although he had pleaded not guilty, “one of his lawyers announced in court on Thursday that Hunter Biden planned to change his plea of ​​innocence before the start of the trial.”

In a reversal of the decision, Joe Biden’s only surviving son “pleaded guilty to misdemeanor and felony charges without the benefits” in a deal with prosecutors hours after jury selection was set to begin.

Under the laws, the charges could carry 17 years in prison, though federal sentencing guidelines are presumed to call for a much shorter sentence, with the hearing scheduled for December 16.

M.Pino

Source: xinhuanet

(Reference image source: Bermix Studio in Unsplash)

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The internet giant, Google informed its employees of the need to be vaccinated against Covid-19 and those who are not immunized will be able to enjoy a license of up to 7 months to supply the corresponding doses; otherwise they will be fired. This was notified by the organization through an internal statement.

The company explained that the measure will be applied in the United States in order to comply with the Executive Order of the United States Government that requires vaccination against Covid-19 for all employees of federal contractors. But if other governments require similar measures, they may extend it in other countries.

The statement indicated that the employees had to notify the company of the status of their vaccination and send documents that prove it or, failing that, issue some type of medical or religious impediment that allows justifying the reason why the dose was not applied. If the company considers them valid, the worker will be exempt from the vaccine.

Google will ensure the safety of its employees

The organization, through the statement, was decisive with its workers and noted: Employees who are not vaccinated “as of January 18 will receive a paid administrative leave for 30 days. If in that time they do not receive their dose, the company will force them to take another leave of absence for a maximum of six months, this time unpaid. In the cas the employee has not yet been vaccinated during that time they will be fired.”

In addition, they expressed their firm belief in the vaccination requirements as a way to maintain the safety of their workforce and keep its operability, hence their commitment to take all possible actions so that their employees can be vaccinated.

Google had indicated that they would require their workers to be vaccinated by the time they return to their face-to-face work. However, a group of workers wrote, signed and distributed a manifesto expressing their disagreement with this measure.

The company at that time made the measure more flexible, highlighting “that employees who did not want to be vaccinated could explore new roles within the company that did not conflict with the order,” and it also incorporated the exemption for medical or religious reasons.

M. Rodríguez

Source: xataka.com

La entrada Google employees who don’t get vaccinated could be fired apareció primero en Bitfinance.