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Robinhood accused of violating Massachusetts fiduciary rule
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The state’s securities regulator claims the popular app uses “gamification” to manipulate customers and fails to prevent frequent outages on its trading platform, among other misconduct
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2. Why MassMutual is buying a cash management fintech for RIAs
By Ryan W. Neal
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With 350 firms on its client roster, the acquisition of Flourish gives the insurer a springboard into the independent advisor market.
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3. Fidelity Digital to hold bitcoin as collateral for cash loans
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Potential customers include hedge funds, crypto miners and over-the-counter trading desks
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