Robinhood's social media disclosures identify the corporate family and the specific regulated entities offering brokerage and crypto services in the US. Robinhood means Robinhood Markets, Inc. and its family of affiliated entities, with brokerage services in the US offered through Robinhood Financial LLC, a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, a registered broker dealer (member SIPC).

Robinhood Markets, Inc. completed its IPO in 2021 and disclosed its capital structure, including three classes of common stock, in SEC filings. This is an initial public offering of Class A common stock by Robinhood Markets, Inc., and the company has three classes of authorized common stock — Class A, Class B, and Class C common stock.

Robinhood Markets, Inc. is publicly traded on Nasdaq under the ticker HOOD and operates through named regulated subsidiaries including Robinhood Financial LLC and Robinhood Securities LLC. Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors, and is headquartered in Menlo Park, California.

Robinhood's privacy statement discloses sharing financial account information with Plaid for account linking and aggregation services. Robinhood may receive financial account information from third parties such as financial institutions, and offers account linking and aggregation services through Plaid, Inc., with use of Plaid subject to Plaid's own End User Privacy Policy and End User Services Agreement.

Robinhood's payments privacy notice states it does not sell or share user information with third parties, while separately disclosing that it allows third parties to collect information through its services for advertising and marketing purposes. Robinhood's privacy notice states it does not sell or share information about users to third parties, but also states that in order to help Robinhood deliver advertising and marketing on other platforms, it does allow third parties to collect information through its services.

Have I Been Pwned's breach catalog lists the "Robinhood" incident (robinhood.com), breach date 2021-11-03, affecting approximately 5,003,937 accounts. Data classes exposed per HIBP: Email addresses. Source: Have I Been Pwned (haveibeenpwned.com), CC BY 4.0.

In November 2021, Robinhood disclosed a data breach stemming from a social engineering attack on a customer support employee, exposing personal data of millions of users, including roughly 5 million email addresses and 2 million full names. The online stock trading platform confirmed that a hacker tricked a customer service representative over the phone into turning over access to Robinhood's customer support systems, giving the hacker access to email addresses for five million people, and the full names of two million people.

In January 2025, the SEC announced a $45 million combined civil penalty against Robinhood Securities LLC and Robinhood Financial LLC, citing failures including inadequate safeguards against identity theft and cybersecurity vulnerabilities connected to the 2021 breach. Robinhood Securities LLC and Robinhood Financial LLC agreed to pay $45 million in civil penalties to settle a range of US Securities and Exchange Commission allegations, with the SEC finding that the two firms failed to observe a broad array of significant regulatory requirements, including failing to accurately report trading activity, comply with short sale rules, submit timely suspicious activity reports, maintain books and records, and safeguard customer information. Separately, coverage of the same settlement noted Robinhood allegedly failed to address known risks related to unauthorized remote access to its systems, resulting in the Robinhood data breach of November 2021, the SEC said.

In March 2025, FINRA fined Robinhood Financial and Robinhood Securities a combined $26 million and ordered $3.75 million in customer restitution for anti-money-laundering, supervisory, and disclosure violations. FINRA ordered Robinhood Financial to pay $3.75 million to its customers, and fined Robinhood Financial and Robinhood Securities $26 million for violating numerous FINRA rules, including failing to establish and implement reasonable anti-money laundering programs, which caused the firms to fail to detect, investigate or report suspicious activity, including manipulative trading, suspicious money movements and instances where customers' accounts were taken over by third-party hackers.

In 2021, FINRA fined Robinhood Financial approximately $70 million for misleading customers and failing to oversee its technology and options-trading approval processes. In 2021, FINRA imposed an almost $70 million fine on the company, alleging that Robinhood misled its customers about margin trading and failed to adequately oversee its technology and options trader approvals.

Robinhood's web visitor privacy statement discloses that it and third-party advertising and analytics partners use tracking technologies to deliver targeted advertisements and conduct attribution and market research. Robinhood and third parties may use cookies, pixels, device identifiers, and similar technologies including third-party advertising and analytics services to better understand online activity and serve targeted advertisements, and to analyze and track data, determine content popularity, and deliver advertisements targeted to interests, as well as provide advertising-related reporting, attribution, analytics, and market research services.