The Financial Industry Regulatory Authority (FINRA) has fined and suspended Benjamin Rosamond, a former general securities representative of Robinhood.
Rosamond first registered with FINRA in 2011. Rosamond was registered with FINRA as a General Securities Representative through an association with Robinhood Financial, LLC and Robinhood Securities, LLC from October 22, 2020 until July 7, 2023, when Robinhood Financial filed a Uniform Termination Notice for Securities Industry Registration (Form U5) stating that it and
Robinhood Securities had discharged Rosamond after allegations that he was involved “in an Outside Business Activity …that hadn’t been previously disclosed or approved by Robinhood.”
Between October 2020 and July 2023, while registered through Robinhood, Rosamond acted as an officer of an investment club for accredited investors, organized as a limited liability company. During that period, Rosamond…
Read More
